Mother of all ER from RIMM $$$$$

Russell Small Cap & Nasdaq stole the show today.......

Internals were very strong on Nasdaq...

UP volume led by 2.5 to 1 on Nasdaq.....

In my portfolio:

Sold all LDK and booked a profit of $26 per share......

Bought 37% more BIDU @ open...my cost went UP to $370.38....

Bought 150% more SOLF @ open...my cost went UP to $26.01....

Pulled more house money out before buying above.......

My portfolio is :

AAPL,BIDU,RIMM & SOLF.......

AAPL,RIMM & BIDU were all UP...while SOLF was down......

Overall my portfolio was down 2.3% today...thanks to LDK.........

RIMM came out with "rocket launch ER & guidance which knock the pants of SHORTS...who had used CNBC to bad mouth RIMM for last 2 weeks.....even after a blowout ER..Maria & her co host were yelling "my god..RIMM cannot go on forever...inspite of polite rebuttal by Jim Goldman......."

Expecting many upgrades on RIMM & target increase......CC was superb !!!!

I have always "strongly suggested to diversify.....and I lead by example"

I also gave my brief "to the point take about LDK.....and I could NOT have been more CLEAR as to how I felt about LDK ER......companies live by margins & die by margins...never a good thing to have cost "going UP"......

I like MANY stocks based on fundamental analysis...but if fundamental is NOT too hot anymore......it is TIME to move ON to better story stock......

I am always buying other stocks based on FA/TA & pricing...but DO STOP @ certain $ allocation.......

I have seen markets very closely and thing do turn on a DIME.......

NEVER EVER hesitate to take a hefty GAIN while it is there......or it will "evaporate in nanosecond".......

Never fall in love with any one or two or ten stocks......there are about 27,000 stocks to choose from......

I keep doing DD when others are "bad mouthing a good stock" ...my DD tells me to stay put or add MORE...but always in a diversified MODE......

There is no such thing as "all IN in ONE position".......

Market are always "unpredictable for any one stock..but it is pretty safe when you have four or five strong stocks.....it cushions you from any surprise !!!!!

Expect a strong rally in techs...thanks to RIMM.....

It is "never too late to implement WISE long term strategy...I could NOT be more open & honest about how I do it......."

Make a "fresh start if you are feeling frustrated with markets or your stock selections or your trading strategy"

I will be more than happy to give my "experience 2 cents...if you seek some word of wisdom"

I know it is tough for some of you today..........I know the PAIN of losing serious money...I have been there.....BUT it is NOT the end of the world.....

Think your strategy ...one more time !!!!

BLOG does NOT give buy or sell.

You must revisit your stocks on a daily basis for FA/TA or NEWS !!!!

Saleem