Markets took a cue from GM settlement and "futures went UP"
GM settlement is very significant as it removes another negative from impending economic recovery......
Markets are firmly in green.....
We are approaching end of the month,end of Q window dressing.....
Tremendous buying power is available to retail & institutions because of this UPTURN.....
I did some buying right @ open
Added 26% more NMX..my cost now is $124.88...
Added 45% more to my sick & dead SNDK..cost now $55.48...
Bought a Chinese speculative play CBAK cost $6.36......
My portfoli is doing the following :
NVT down $1.02..a little pullback after a major JUMP yesterday...they got another contract fot digital map for Quebec a province in Canada.
FMCN UP another $1.32...follow thru from yesterday...still it is a laggard...considering all the ads they are getting all over China...plus a GRAVY of olympics......
WFR giving back 91 Cents....becoming more laggard in solar Silicon Wafer business.....
SNDK is ALIVE UP $1.62...after being oversold....
NMX UP $3.80...ready to move UP.....
CMED UP $1.74 ..went to new 52 wk high....
CBAK is trading near my cost......
New High RIMM,AAPL,GOOG.......
Good luck on rest of the day.....
BLOG does not give buy or sell.
GOOG blog was out of commission..thus delaying my post.
Saleem
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