Markets have lot to digest these days........
Housing,credit,slowdown,retail,Geo-political,high oil prices & year-end selling by institutions.....
Considering all the above......
Markets are holding pretty GOOD !!!!
You must understand & follow the dynamics of the market.......
Whether markets are going down or UP........
It is the-stocks selection which matters.......
There is NO easy pill in existence.... to accomplish that....
It is all about..... where you see your stocks by year end & WHY.....
Why...... is where knowing about FA & TA comes into play.......
If you are looking for easy answer to find those GEMS...then you will NOT get the full benefit of knowing what to buy when to buy and more importantly......when to sell........
Stop using daily.... tick by tick monitoring...NOT good for your physical or financial health.......
Because if you are doing that ...you are allowing markets to CONTROL you.......that is too-much power given to market manipulators........
Follow weekly & monthly monitoring....you will feel much better about your health & wealth.....
Markets will NOT be normal until week of Jan 11.......
So relax...... & try to enjoy the holidays....maybe visit some family/friends or plan some get together.......& catch up on gossips.......
In my portfolio :
BIDU is UP $2.47....
MA is UP 92 cents....
AAPL is UP $1.68....
RIMM UP 95 cents ....
LDK is UP 38 cents.....
LDK backed off to build a base......then it should be ready to move UP !!!!
Patience & conviction is a requirement to make serious money.......so change your bad trading habbits...& try to relax and enjoy your stocks selection......
@11.31 AM the following are green :
AGU,SOLF,CCJ,TSL,POT,IGT,CTRP,WYNN,CMED,ABX,AMZN,
IFN,GOOG,DRYS,CIEN.
Good luck for rest of the day.
Have you done a written investing/trading objectives for 2008 ? you need all the details....like:
-Starting $ invested
-Starting portfolio value
-List of stocks to invest in & why......very important of all
-monthly return expectations
-Maximum exposure in terms of $$ invested.....a cut off point
-Maximum portfolio value..also a cut off point enforced...too-much exposure is NEVER good...
-A page to monitor all of the above
BLOG does NOT give buy or sell.
Saleem
4 comments:
Cross currents is right on. The fear is starting to leave the market slowly as people realize the world is not coming to an end. I just got in from Washington D.C. if we are in economic trouble you sure could not convince me of that in Washington. Busy! Busy! Busy!
The media and other financial manipulators had the upper hand for a few months, but these criers of wolf, wolf are soon ignored. Ignore the fear mongers. The next few months we may be going higher. Happy Holidays!
Hi Standard,
You are "right on the money"
Perfect time to buy & position for 2008.
Saleem
Saleem,
For the day, week and year to date ended: up .77%, 2.5% and 35.16%, respectively.
My end of the year kinda fizzled mostly due to LDK...
Fired up and looking forward to 2008!
Hi Bruce,
You are nicely set UP for a very good year in 2008....
LDK will be the-stock to own in 2008.
35.16% gain is very good considering the type of market we had.
Celeberate the arrival of 2008 with some cheers !!!
I am going to a new year party also.
Saleem
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