Markets are way down in the last three days.......
Generally speaking.... after three day's of drubbing indices do ATTEMPT a comeback.....
Do NOT be surprised if we turn around today.....I will not be.....
Markets were due for a correction and "we are getting a healthy correction".......
Now markets are due for a "healthy comeback...and we shall soon get that also"...
I generally do not worry about markets as much ...as I do WORRY a whole lot about about the stocks I am IN.....
Not to "brag"..I FEEL I am in all the right stocks for the next leg UP...imho
I have not made any changes in my portfolio and have all the "intention of keeping ALL"
My portfolio remains:
AAPL,CMED,FMCN,SINA,VMW,RIMM......it is a "mother of all portfolio" three Chinese growth/leaders..three North American Growth/Leaders.....
I will be very surprised if you have not "reshuffled your stocks into greatest growth stocks ...which is on "fire sale".....
@11.30 the following are showing relative strength
SNDK,AMAT,SIRF( got Jimmy the Cramer blessing after missing the whole RUNUP),
WYNN,LVS,NVDA(great ER),GRMN ( found support),IIJI ( Japanese stocks look attractive),
MPEL,ENER,PCLN(great ER).
Solar stocks are being hit hard...FSLR,JASO,TSL......
Stay "focussed on your own DD and your next moves....do NOT pay attention to NOISE...it is distracting to your main purpose of finding "great stocks"
Good luck in your own objectives.....for next great find $$$$$
BLOG does not give buy or sell.
Saleem
2 comments:
SALEEM\
This blog is fantastic
thank so much for all the hard effort that you do to make it an intelligent and informative work!
I like it a lot.
How on earth do you keep sane with this market turmoil.
I got RIMM today for $118. Npow it $116, I can not win
Madmax
Hi Madmax,
Thanks for your appreciation for my BLOG....
i have a great desire from childhood to focus on other person's NEEDS.
BLOG is my way of helping others..which gives me great happiness.
Please show conviction with RIMM...I am very bullish on RIMM...and it is my largest $ allocation.
Saleem
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