Wednesday, October 31, 2007

What a treat from Fed...nasdaq in new record $$$

Markets read in between the lines in fed statement.....and went higher $$$$

Nasdaq went into a new recent highest close in many years $$$$

Momentum stocks are flying $$$$

It is not too late to focus in strong momentum stocks...they are going much much higher.....

Dump all the bargain stocks and speculative juniors...they are not working for anybody...and it is costing you big time in lost opportunity $$$$

QID & Put buyers...you are not reading this BULL market right @ all.....go back to trading 101...

Start all over again or for the first time in strong quality stocks......I hope this message is NOT LOST again $$$$

In my portfolio :

AAPL went to new all-time high UP $2.95.....going much much higher $$$

VMW went to new all-time high UP $4.48 on heavy volume.....it is just getting warmed UP $$$

AMZN found support and with Jimmy the Cramer vicious bashing for a week...the bottom is confirmed..was UP 91 cents...closed above 50 dma.....take that ding dong man "he knows nothing ....he knows nothing$$$

RVBD came back strong UP $1.54 on heavy volume $$$

MR was UP 95 cents ahead of ER AH on thursday..expecting a beat & higher than consensus guidance $$$

RIMM was UP $3.31...only $3.85 away from all-time high...expecting that record to go away on heavy volume pronto $$$

GOOG is $707
BIDU is $382
SOHU is $59.91
ICE is $177.99
CTRP is $56.50
MA is $189.91

GRMN took a hit down $13 on takeover....
DRYS was riding high tide UP $10

We should have a strong follow thru on thursday...as world markets will be UP on fed cut....

BLOG does not give buy or sell.

Saleem

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