Friday, October 19, 2007

Markets down, down & down TGIF !!!!

Markets took a well orchestrated tumble.......thanks to 20 years flashback.....

The more you were exposed to the markets ..the worse tumble you got......unless you were extremely lucky....

I had to take a "tough decision of selling all LDK.....because it was NOT holding any support" took a very steep $11.86 per share hit......my worse hit of the year.....

Bought back & then some AAPL my cost $170.60.....AAPL reports monday AH....expecting very good ER and very good guidance going forward.....expecting a 3 for 1 split also.......

My portfolio is :

AAPL,CMED,FMCN,SINA,VMW,RIMM......I feel I have "dream team in my portfolio"

My portfolio took a hit of 4%...thanks to LDK for 42.6% of the hit.....

I expect markets to find its traction by monday close.....thanks to AAPL anticipated good ER..which will give QQQQ a much needed boost.....

I will post by 10am saturday list of technically weak/strong & momentum stocks list.

BLOG does not give buy or sell.

Have a good weekend.

Saleem

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