Markets are ignoring bad news from Citigroup & UBS..........
Markets are all set to go to new HIGHS.......
Market gave me an expected "surprise news of NVT takeover by NOK"...
The price of $78 for NVT is a fair price......
I sold NVT and booked a profit of $7.33 per share......
What did I do with the LOOT........
I bought ....surprise surprise NOK...the company which got a good deal in buying NVT... my cost $36.97......NOK is doing everything RIGHT...beating the "pants of MOT"..now entering most lucrative market of smartphone to take a slice from AAPL & RIMM......only a slice will be good enough for me.....
I also bought RIMM today as UBS upped RIMM target to $120......my cost $96.56.....what can I say about RIMM...it is the "mother of all smartphone company"...they are having the biggest Q which they will report on Th the Oct 4th AH.....
In my portfolio :
CMED is flying UP $1.42.....new 52 week high...closing in on all time HIGH of $44.90 $$$ only 65 cents away.....
FMCN UP 37 Cents.....should be rocketing UP very shortly...was down..$1.11 to make a solid double bottom from yesterday....now HIGHER LOW today $$$$$
WFR UP $1.25...recovering from friday SLUMP......
SNDK down 27 Cents....
NMX now UP $2.85.....wants to go HIGHER on record Crude & Gold contracts...business couldn't be BETTER $$$
NOK is already "showing me the money " down only 64 Cents to $37.29...
RIMM 93 Cents to $96.82....sending few cents "my way"...
Other stocks which are GREEN @ 11.29 AM are:
VMW (upgrade to $100),GOOG ( new HIGH),NVDA(new high),MPEL,
BRCM,TSL,SIRF,ICE,CTRP (new high),WYNN,RVBD,LVS,NYX,
FSLR(New all time HIGH),AAPL (kissing on new all-time high),
SNE,LRCX,MA,ASTI.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
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