Thursday, October 11, 2007

Markets showing " more money "...$$$

Markets are in full blown bull mode.......check the new high list.....

All indices are UP..........

Semis were downgraded today.....includes INTC,SNDK & NVDA to name a few.....

I sold NOK to book $2 per share gain........

I added 15% NVDA on weakness...expecting a turnaround soon.....my cost $36.33.....

Added 150% more WFR on today's weakness my cost $64.30.....do not understand why WFR is so weak today....as it supllies 30% of its wafers to solar industry...which is red hot ????

In my portfolio :

CMED is flying "finally" UP $1.72.......

FMCN is strong UP $1.50...this should move UP substantially.....

SINA is the big kahuna today UP $3.10.....to a new all-time high.....

WFR is down $1.63......no idea why......it is among the lowest PE in semi sector.....in wafer business.....

XFML is UP 20 cents...UP two days in a row.....gathering buying momentum......

RIMM is down 63 cents....resting and waiting for news like upgrade or target increase....

NVDA down 90 cents.....hoping for a comeback today AGAIN ......

@11.21 AM the following stocks are green :

TSL,LDK ,BRCM (new high),PMCS (new high),VMW (new high),
GOOG (new high),BIDU(new high),WYNN,RVBD (new high),LVS,GRMN,
AUY,AOB ( getting closer to new high),FSLR,AAPL (kissing @ new high),
SOHU (new high),XING,SDTH,NCTY,NTES,STP,TTM,EBAY,MR,MA,
JADE ASTI,JASO (upgrade).

Good luck on rest of the day $$$$$.

BLOG does not give buy or sell.

Saleem

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