Markets are "declaring deeply oversold...by going in & out of green this early"
Barclay's bank writedown of sub-prime mess rattled the futures this AM and open.....
Sub-prime writedowns has been discounted 40 times already.......
Now only option expiry manipulation remains......
I am getting a direct hit by OE game playing...RIMM is being pushed down to $105 area...how convenient...so they kill 140,130,120,110 & 105 calls & coverd at 0......no wonder I do NOT touch options in any shape size or form.....
In my portfolio :
FMCN is down 20 cents.......
SINA got targets RAISED by Bear Stearn's to $52 & RBC target is raised today to $58.....so Citigroup could not find more suckers ..for their "retarded call"
SINA is down only $2.45..it was down as much as $5.75....what a buying opportunity that was....$$$$
CMED staying green whole morning UP 6 cents.....hey I take any green $$$$ still money in my piggybank......
RIMM down $4.10..."a full trottle option manipulation by hedgies"
AAPL is "the superstar in my show UP $3.05"
Do you see the "wisdom of being diversified"...I do everyday $$$$ saves my skin !!!
@11.24 Among the other green are:
LDK ( raised guidance for Q4...Audit & Q3 ER in Dec),FSLR,JASO,
TSL,ISRG,BX,ICE,YHOO,GOOG,CTRP (getting close to new high),WYNN,
NMX,GRMN,LVS,AMD,WFR,IIJI (new high again),BIDU,STP,KLIC,
NVLS.
Good luck on close.
BLOG does not give buy or sell.
Saleem
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