Thursday, January 17, 2008

Economic Data "is Better than expected" ???

Jobless claims actually fell.......

How about that......

So..No..... bread lines......

So..NO..... Can you spare 10 cents brother.....

I wonder what the "genius Carter is going to do with his GUARANTEED direction of the markets...based on his charts....was going down down & down...with 3 circles drawn on fast money......."

I am sure he can use his charts as toilet paper.......

Markets always hold "major support area.....

In between it is "just NOISE"

CNBC rating is UP thanks to guaranteed "recession...which has NOT happened by economics 101 definition...but message boards are charged UP as if we are already in 2 Q of recession"

There are LIES and some are PATHETIC LIES.........

KEEP making trading/investing decisions based on CNBC.....& you are guaranteed to lose money...by being out of the market...when you should be IN........

I wonder if Message Boards GENIUS have ever heard "BUY low & SELL high"

They generally BUY when "coast is clear of any problems...which is buying HIGH" and they PROMPTLY SELL when we have a down day....."thus booking their hundred losing trade of the year......"

No wonder LYING & PRETENSE is such a NEED on postings on MB......

Oh....the latest excuse of NOT doing Well in markets is ....another poster told me that there is no problem in the market......instead of saying that they NEVER make serious money because "they have NO CONVICTION about their buying or selling"

Alway's blaming others for their OWN lack of CONVICTION ????

You know why...because they are running around on every MB posting what little they KNOW ..instead of understanding how MONEY CAN be made "No matter what the market environment"

On every down day there are "hundreds of stocks going UP ..but most GENIUS never notice these things......you know WHY.....because they are too busy talking about their two trades when they actually made money in last 30 months .......

Most stocks are UP in pre-market...while Carter on CNBC guaranteed down,down & down.....based on his DOTS,LINES & 3 CIRCLES.....

Enjoy the ride UP $$$$$

Saleem

18 comments:

Unknown said...

Saleem,

Do you see what is happening to ABK?! I don't own it anymore because it felt like a bomb about to explode...but I NEVER expected this.

If the bond insurers loose their rating, all that paper insured by them gets dumped. Am I missing something? Anyone???

madmax said...

SALEEM and ALL
Good Morning to ya!!! Another great day to excell!!!

Looks like we are off and running for a great day GREEN!!!!!!!!!!!!
MA is strong as is LFC and LDK yeHa
$$$$
Thanks Saleem for not letting me throw in the towel...Smile
Madmax

minaccess said...

Good morning Saleem. Looks like solars are bouncing today (except SPWR). I am looking for a high volume up day today with a strong close. Peace.

standardshigh said...

Hi Garrett,

No, you're not missing anything on ABK, be glad you got out. The street has pronounced the death of ABK. Move on and forget about it.

Standards

madmax said...

SALEEM and Blog Members: news on LDK
SHENZHEN, China, Jan 17 (Reuters) - Solar wafer maker LDK Solar Co Ltd (LDK.N: Quote, Profile, Research) expects its net profit to exceed $200 million this year, about a third higher than the company's forecast for net profit of more than $150 million in 2007, its chief financial officer said on Thursday.

The company, based in China's central province of Jiangxi, aims to quadruple its wafer production capacity to 1,600 megawatts by 2009 from 400 megawatts now to meet robust demand.

LDK is likely to overtake Norway's Renewable Energy Corporation ASA (REC.OL: Quote, Profile, Research) to become the world's largest wafer maker in three years' time, Jack Lai, chief financial officer, told Reuters on the sidelines of a solar technology conference in the southern city of Shenzhen, near Hong Kong.

"Our target is to become the largest and the most cost-effective solar wafer maker in the world," Lai said.

"We are growing faster than REC, although REC is growing very aggressively. There is a chance that we could exceed it in three years' time."

To match its ambitious expansion plan, LDK will boost its number of employees by more than 50 percent to 10,000 by the end of this year from 6,500 now, Lai said. (Reporting by Judy Hua; Editing by Paul Bolding)


madmax

minaccess said...

Hello. Big Ben just spooked the market with his inflation comments. He is the worst fed president ever.

Anonymous said...

SALEEM,
Do you know what is going on with AGU. It is down very big today. I did not see any news that would cause this big drop.

David

Stocks100 said...

Hi Davil,

Nothing is wrong with AGU...

It is down with all AG plays...

$58 is support area.....

That is why I always keep 5 stocks in my portfolio...to deal with UPS & DOWNS of dufferent sectors....

IF Dow improves then AGU will improve also....hopefully.

Stocks100 said...

Hi Minaccess,

I see silver lining in everything...

So if Dow drops because Ben spoke....

Then stocks are CHEAPER to BUY !!!

Always looking for bright side....

Ben is facing Hedge funds manipulation...HF would like to give an impression that BEN said something to SPOOKE the markets.....

I believe he said everything with Honesty,Integrity & truthfullness...which is good for the health of the market....

He is saying SLOWDOWN not recession....

So GS of the world have to play a new direction as recession card is BOGUS !!!

Saleem

Stocks100 said...

Hi Beatrice,

Sorry for the delay in reply...

Had to listen to BB testimony to reach my own conclusion...

When Moody's warns ABK had to fall.

They were all on fragile status.

Saleem

Stocks100 said...

Hi Madmax,

Thanks for your posting of LDK details....

It is extremely bullish....

Saleem

Stocks100 said...

Hi Doug,

This is an OLD trick game to suck small very nervous investor..into selling.....

They control the markets with derivatives like mini S&P...

Why would anybody SELL @ LOW...it is suppose to be BUy @ low....

Oh well.....

Saleem

Doug said...

Yes Saleem, retail investors don't just hear a comment a comment and then say "I'm selling". LOL. The power brokers have their finger on the quant dials and tweek and move whole market, minute by minute. You are always preaching Conviction and I am more and more, better understanding why. Thanks for super important insight to working the market, and not constantly having the market working us. Conviction is most on my mind now, to better comprehend. Best wishes and with respect, Doug...

Bruce said...

Looks like the MM are giving the AG sector the same treatment they gave to Solar the other day!

AGU, MON, MOS.....

aymon said...

ldk just extended their contract with Neo Solar Power

Stocks100 said...

Hi Bruce,

It started with financial,then to techs,then to solar & now ag....

Quite systematic......

what is left to KILL ???

Saleem

Doug said...

What do you think may be the next sector to get chopped Saleem, if any?

Stocks100 said...

Hi Doug,

It has been washout for all sectors.....

So NOW reverse will take place...

Techs will move UP FIRST....

AAPL is looking very GOOD $$$

Saleem