Friday, October 5, 2007

Markets higher on "not too hot & not too cold job report $$$"

Markets are in a renewed bull-mode in anticipation and actually getting good job report....

All indices are strong......

I had a frenzied trade in RIMM this AM...bought @ open in toronto and sold in 90 minutes for a net gain of $4.01 per share......RIMM is a great trading stock.....

I bought SINA @ $48.52.....SINA is the-most undervalued internet search engine in China....SINA is only second to BIDU in search......

In my portfolio:

CMED as expected is flying today UP $1.36...way oversold in last 2 days.....should head towards all-time high very soon $$$$$

FMCN UP 96 Cents.....going UP after consolidation......

WFR is UP $1.23 getting ready to challenge it all-time high...behaving very strong.....

SNDK down 79 Cents....my mystery stock....I can never understand its tape action on most days ????

NOK UP 25 Cents.....behaving weak today in a strong market.....

NVDA UP 96 Cents....

CDS UP $1.16 Cents on very heavy volume......tested support @$8 area...and got rid of panicky traders..... @ new all-time high....

VMW UP $1.18......

SINA giving me few pesos to my cost.....

Other stock which are green @ 11.50 AM are:

RIMM ( goldman best idea target $147..plus many upgrades all increasing targets from $110 to $147),BRCM,TSL,JNPR,BX (high since IPO days),ICE,YHOO,GOOG ( kissing new high),
BIDU(new high),CTRP,WYNN,RVBD,WYN,LVS,GRMN,FSLR (new high),AAPL (new high),
SNDA,NCTY,MA,INFY,NVTL.

Good luck for rest of the day.

BLOG does not give buy or sell.

Saleem

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