I have been thinking as to ways....of increasing the usefulness of this BLOG content.....
Now that I have "repeatedly clarified the purpose of this BLOG.... is to share investment IDEAS and my trades as it is happening with NO other agenda"
We can improve the usefulness of this BLOG if :
-We all SHARE our opinion of other stocks if they have been followed CLOSELY..please not just a list of symbols picked from any list.....it needs to have your stamp of approval with either FA/TA or place like IBD list of top 100.......
-We can also share the list of stocks,mutual fund which you CURRENTLY hold.
-You can also share a list of closely watched stock which you may BUY as your next purchase.
-Any trading range or price point will be appreciated.
You are encouraged to POST stock related info as many times as you wish or as you are trading in COMMENT section.
This will give our community a vast resource which exist in all of us .
I will be looking @ that list also and may pick some to highlight in my weak/strong/momentum list.....or in any other format.
This BLOG has only one purpose is to IDENTIFY & provide a LIST of stocks which MAY be a good one to OWN..based on your OWN decision...NO guarentees are given.....so PROTECT your capital with very close STOP.
Last week was a very productive week for me UP 8.7%.....6% from my short position in Canadian $ and 2.7% from stocks......I was out of the market on monday & tuesday.
Hope your week was also productive...but if NOT....I have given lot of stocks for YOUR decision making.
I do NOT follow TOO many stocks because it is hard to do quality FA/TA on an ongoing basis...which is ESSENTIAL to make money......so I follow only 100 stocks closely.
Thanks for visiting my BLOG...we are hitting 30,000 visitors in 7 months.
Enjoy your weekend...family, friends & health comes first..then money-making focus imho....
Saleem
9 comments:
Hi Saleem. My ETF basket has been very useful for me. This is my "long-term" strategy. I have held the etf's over a year, and some (EWZ, EWY, EWA) longer. The other half of my investments are more liqiud like your portfolio. SNCR has just passed it's first test of the 200 dma, and like apple is in it's own bull market. OTEX was "balck-boxed" on IBD, as ripe for buying in the proper range. LDK, need I say more _ High risk but if the inventory is clean, she shoots to 50! My BIDZ trade was a blessing. Bought at 16.50 and sold within a week right before the crash. It is IMO not worth buying now as it is technically broken. As always, thanks for your input and blog.
Hi Minaccess,
Thanks for sharing your portfolio & comments on each position.
I will do my DD on SNCR this weekend.OTEX is a Canadian company and may be worth a look...software is getting some play.
Saleem
Hi Saleem,
What about Sohu,sina,stv and csiq?
Good to enter at these levels?
Thanks
Bj
Hi Baljinder,
SOHU & SINA is certainly good stock.
SOHU is behaving very strong technically....which I have highlighted many times.
CSIQ just announced convertible..details are unknown...it may be wise to avoid until pricing & reaction is felt in the market.
STV I am not familiar with.
Saleem
Hello Saleem,
I have been following the markets for only a few months now and starting out as an investor, not as trader. I wish I had the time and resources to be a trader. Probably next year once I have some grasp on the markets, I might set aside some resources for short term trading. $$$ look good in short term trading. Right now, I am playing for long term. Here is my portfolio so far.
GOOG@660 (30%), AAPL@180, AMZN@89, ARAY@15.75, ETFC@4.75, BIDU@340, TCM@10.7, FMCN@48.2, MR@37, ONI@.39, LWLL@.20, KF@28
I picked up few stocks from your blog and definitely after putting some due diligence from my side. I am putting some thought on ACF lately. In the next few months I might take some profit out of AMZN, FMCN, MR. Lately I have been concerned by the number of chineese companies being sued by investors and accounting problems of china based companies. LDK, FMCN, GA to name few. Not sure howz that going to impact these companies.
Thanks,
Sankar
Hi Sankar,
Quite impressed with your portfolio..12 stocks is a well diversified format.
We all learn more from our mistakes than from our gain.....so the idea is NOT to make mistakes.
Mistakes are generally made when we BOTTOM fish a bad stock...
The only advice I have stay with winners...AVOID below $20 stock as a general guideline.
The idea is to OPTIMIZE short & long term gain.
Trading is NOT difficult even when you are dedicating your time in employment related activity....Give a preset order to buy and then give good till cancel order to sell....you can specify a price to buy or sell and give youself 2 weeks time for execution.
Lawsuit is only a concern if stocks go below $20...then bail out...otherwise it is a BUYING opportunity.
Hope it helps.
Good luck.
Saleem
Hi Saleem,
My portfolio MR,CMED,PGJ,SINA. I like to buy some solar and Brazil stock like JASO,YGE,RIO. Thanks for your input and blog.
Anh
Hi Anh,
It will be a good idea to have JASO & RIO in your portfolio.
Try not to have two stocks in same sector....diversification works.
Good luck
Saleem
Saleem,
Thanks for the advice. I will heed to your advice and will try to clean up some stocks if right oppurtunity opens up. I have realized that staying with winners will provide solid base to the portfolio. Sometimes I crack at myslef, looking at my portfolio. I am maintaing a mutual fund? Once I am confident about the picks I am making then I will stick with 5-6 stocks with industry leaders.
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