RIMM got a much needed upgrade to BUY from hold by TD.....
RIMM already UP to $105 on 14289 volume in pre-pre market @ 7.52 AM...
AAPL,LDK also UP in pre-market $$$$....
All strong stocks like GOOG,BIDU,EWY,IFN are gapping UP in pre-pre market $$$$
Futures UP accross the board $$$$
Good luck to all ...especially Doug $$$$$
Looks like a "very Green day"$$$$
Saleem
13 comments:
Saleem, thanks again so much for helping me to reset priorities/game plan. I lucked out with the upgrade. I am selling 75% of my RIMM today for a handsome profit and I will be looking to continue focusing on diversification in order to capitalize on sector rotation and lower my exposure. I am going to keep a little more cash on the side through year end. You are the best and I appreciate your rebuke last night. I knew I needed a good dose of Saleem last night and I am glad that I turned to you to get it. LOL. Im looking at AG this morning by the way. Here is the IH information, in case you wanted to peruse:
Play Date: 12/04/2007
AG (Agco Corp.--$66.14; -0.08; optionable): Farm and construction machinery
http://biz.yahoo.com/p/a/ag.html
EARNINGS: Late January
STATUS: Breakout test. AG broke higher last week from a short 4 week cup base and is coming back to test that move, tapping at the 10 day EMA (64.33) on the intraday low and bouncing back to flat. Nice break higher, nice test, and looking for the bounce to continue with some more solid trade to step in.
Volume: 3.942M Avg Volume: 1.82M
BUY POINT: $66.76 Volume=2.7M Target=$76.95 Stop=$64.21
POSITION: AG BM - Feb. $65c (57 delta, 273 OI) &/or Stock
Good luck today Saleem. Doug...
SALEEM and Doug
SAleem thanks for keep up the blog and information about RIMM. Pre market is up nicely on CHL nad DSX.
Dunno if I shold hol RIMM for med term or jump off like DOUG, Ideas appreciated.
Also I am going to but the Peter Lynch books.
Congradulations on playing with the house money in he stock market--that is an accomplishment that many try to achieve but few if any can do it.
HooRah--hurray
madmax
Hi Doug,
I ALWAYS mean the-best for you & your family.
Always trade with strength & CONVICTION with @ least 4 stocks.
Nothing wrong with being OVERWEIGHT but NOT all in ONE....that is NOT a successful game plan.
Always REMOVE some funds after big Gain....
I did add 30% more RIMM in pre-market...so my cost is down to $114.05...this was done with lot of FA & TA....
I still have all my other stocks AGU,LDK & AAPL.....
AG looks very good.....I am all-in $ wise with my exposure....but will look @ it for next buy...if I sell anything even today.....AG has beaten est big time $$$
You should follow IH 70 % & 30% other system..but never WEAK stocks.
Good luck today $$$.
Saleem
Hi Madmax,
RIMM has been trashed big time...it always REBOUNDS nicely from $100 level.....
I am staying put for now as my cost is very high $114.05 even with todays pre-market purchase.
If I am LUCKY then I may consider getting out @ $123.....
It is well wishers like you & many others who make my trading & life exemplary....sometimes nice people do finish BETTER $$$$...
Saleem
Hi Saleem, having a cost basis of $102 for RIMM, this is going to be really neat. I will end up having a cost basis for the shares that I keep, in the $80's when I sell 75% of my shares. This will be one of the first times that I will have a great position in a great stock. Thanks for all you do. Doug...
Hi Saleem,
Added shares of LDK this morning..now have average share cost of $38.
Current Portfolio at 10:27am est is all GREEN:
AAPL - 39%
BIDU - 14%
GENZ - 6%
JEC - 11%
LDK - 7%
RIG - 5%
RIMM - 7%
VMW - 9%
Cash 2%
Thank you and all your bloggers for all the info.
Hi Bruce,
It is going to be a "very green day on wall street"
I am happy for your nice portfolio.
Adding LDK is a good move.
Saleem
Looks like SOHU is a screaming buy. Sold back down this morning under $60. What do you think Saleem? Thanks. Doug...
SALEEM and DOUG and MB:\
Look at IBD say where the BIG MONEY is investing LDK nad AGU made the listing big volume spikes--Cheers to all $$$$$$$
% Chg. Research Tools
TELOZ T E L Offshore Tr U B I 30.32 +1.92 +623
CSR China Sec & Surv Tech 22.75 +2.00 +518
SYNO Synovis Life Tech 22.09 +2.76 +470
CPRT Copart Inc 40.80 +3.78 +324
PTNR Partner Communicatns Ads 21.88 +0.64 +304
WDC Western Digital Corp 30.51 +2.28 +265
PWRD Perfect World Cl B Ads 29.31 +3.32 +239
LDK L D K Solar Co Ltd 44.23 +3.26 +196
BWA Borg Warner Inc 98.34 +2.19 +180
ARG Airgas Inc 52.70 +3.18 +179
ININ Interactive Intelligence 29.08 +0.82 +168
VIP Vimpel Communications 36.80 +2.31 +162
FSTR Foster L B Company 51.31 +2.75 +157
EDU New Orientl Edu&Tech Ads 87.65 +2.24 +152
AGU Agrium Inc 63.74 +1.82 +148
CHD Church & Dwight Inc 56.45 +0.72 +148
YGE Yingli Green Energy Ads 30.08 +1.81 +147
VOCS Vocus Inc 35.10 +2.29 +144
SID Companhia Siderurgic Ads 80.97 +4.66 +143
PCLN Priceline.Com Inc 119.00 +3.63 +132
Nice Madmax. Thanks for the info. Doug...
Hi Doug,
Wait for SOHU...it is overbought big time...and all the good news are in.....
Give @ least few days before you buy.
Saleem
Hi Madmax,
Thanks for the info.
So many good stocks & ETF are all flying.
Saleem
Thanks for your take on SOHU Saleem.
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