Markets are showing its USUAL bull market pattern by being WEAK in the 1st half and closing strong....today is no different.
This is a major "bull market" which most investors & traders are not participating...because of FEAR of going down......every bull market has periodic correction of 2 % to 10% depending on how far the market has gone UP without correction.....
Instead of worrying about coming correction...one should go with 5 best ideas and stay put....strong stocks are NOT bad bet ever......serious money is alway's made with RIMM,AAPL,BIDU & GOOG of the world......so please DROP that worrying HAT and BUY 5 strong stocks as defined by YOU.....please NO bargains or beaten down...those are "bear market thinking & strategy"
In my well diversified portfolio :
CMED is UP 26 Cents..trying to move UP....
FMCN down 47 cents after hitting all-time high again.....MM playing games with weak holders and they are succeeding...so far...went as low as $60 a swing of $2 in 60 minutes......
SINA is flying to all-time high UP $2.52 to $53 so far.....it is still a laggard in the space of BIDU..
WFR UP 64 cents...wants to go higher today......this is among the lowest PE stock in Semi...
NOK UP 53 cents....finally graduated from basing.......great future ahead with NVT......
NVDA taking time to hit new high down 24 cents...
RIMM UP 72 cents after resting on tue
XFML UP 18 cents......
Other green stocks on my watch list @ 11.30 AM are :
CSUN,TSL,SNDK,VMW (new high),GOOG (all-time high),BIDU ( kissing all-time high),
CTRP ( kissing new high),WYNN,LVS,AUY,ABX,GG,SOHU (new high),XING,
AKAM,MA,INFY (good ER),CIEN,CHNR,CDS,SDTH,CBAK,SEED.
Good luck for rest of the day.
BLOG does not give buy or sell.
Saleem
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