Markets as "expected build a base and moved higher"...
Market closed @ high of the day.......
There was lot of excitement in the markets today.....thanks to AAPL & RIMM...which torpedoed Nasdaq & Dow higher.......
AH ......AMZN,BRCM,JNPR,ALTR all reported earnings ....but the reception was "negative"
Markets will be weak on wed......
I did lot of trades today and they are :
Sold my biggest $$ allocation in RIMM.....sold all & booked a gain of $11.02 per share.....
Sold all AAPL and booked a gain of $16.51 per share......
Added 50% more CMED my cost now is $40.99....
Today was the biggest one day gain in my investing career.....beating previous highest by 25.2%.....I am quite overwhelmed by this stroke of luck.....thus it is time to reduce my exposure to the market...while I am way-ahead $$$$$
I am taking 38% equity out of the market.......
My portfolio is :
CMED,FMCN,SINA,VMW........
VMW reports AH on wed....I am expecting a blowout Q and strong guidance....
Good luck on wed.
BLOG does not give buy or sell.
Saleem
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