Markets were "relieved that Fed has a plan to deal with liquidity.....important world banks are ON-SIDE"
Financials are taking a beating today as more bad news by Wachovia & SLM....hits the market.
Financials are also being downgraded by each other daily.......
C is being touted as "the best short...since slice of bread...$28 target"
Fed has succeeded in dealing with negative psychology of the market by 9AM announcement....
In my portfolio :
LDK is digesting gains after setting the tape on-fire UP $1.66 after being UP as much as $5.15 earlier.....
AGU is UP 68 cents...secondary is not priced yet.....
AAPL is "the-superstar in my show today UP $4.50"
RIMM has found "support yesterday as it went down to $97.40 yesterday in freefall...UP $2.31 to $100.20"
DSX is UP $1.05 ......
HOKU is down 58 cents...after closing "green yesterday"....
My CAD short is going against me today as Canadian $ is UP 44 tick...so I will lose money.
@ 11.15 the following are green :
BIDU,GOOG,SOHU,SINA,BRCM,TSL,STP,IFN,ICE,YHOO,POT,
IGT,TSO,CTRP,WYNN,MSO,CMED,LVS,NVDA,NMX,VLO,ABX,
SPWR,ISRG,WFR (new high),SNE,AMZN,FRO,MA,EWY,CSIQ,FSLR,
FMCN,SNDA,HPQ,CSCO,ASTI,VMW,JASO,ENER.
Good luck on rest of the day.
BLOG does NOT give buy or sell.
Saleem
2 comments:
SALEEM
thanks again for helping us investors
I am into HOKU for 700 shares @$13.06. RIMM is my biggest position followed by CHL. I still lover the story for DSX and was shocked at its sell off but every things sold off. WHen you took money out of market did you get a check issued or have your brokerage put it into a cash account???
God bless you and Happy holidays!!!!
Madmax
Hi Madmax,
RIMM is behaving well today.
DSX is OK toady also...
HOKU is pulling back after HUGE RUNUP....
Since Aug...I have removed money from market contnously..just about every month....
Money is taken out from my Brokerage to checking account...then I move that funds to another bank
...where I get 3.5% interest rate for parking my money with no conditions..
No minimum balance..no days restriction...take it without penalty or leave it to earn interest DAILY.....
All Done online !!!!
Saleem
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