Markets CAN run away as fast as it came down.......
If you WAIT for IBD to tell you to BUY...then you will MISS 1000 points of UP move....
GE...... saying economy is OK
IBM ....is saying economy is OK
Ben Bernanke... is saying NO recession
But ..But...But....
You must WAIT for IBD to give all clear.......
Fast Money GENIUS to give you all clear.....they are expecting another 300 point drop & VIX to spike to 31 area FIRST.....they will be selling all morning into this FAKE rally......
Adami told you to buy INTC @ $30 and insisted that it is a BUY daily ...all the way down to $19..
Adami told you to stay away from Gold daily....while Gold & gold stocks jumped big time...
Cramer insisting it IS a bear market ..before it could be defined as one......
So I guess ...Adami,Fast money crowd & Mad money wins over BB,GE & IBM......because CNBC genius "knows everything & they know NOTHING"
Know ...when to Holde'm.......
Hey..... it is NOT bad out there on Wall Street on an Option Expiry day.......GREEN is the colour of rainbow !!!!
Sunshine........
Saleem
12 comments:
From Bill Cara:
You have to love the trading game...But the satisfaction of being able to coldly, objectively, trade prices is simply the best...and by that I mean the numbers, whether they are fundamental, quantitative, technical or economic, are what you need to focus on. In other words, don't let the game play you.
PDX may be a good buy this morning. It is down 4% on no news. It will go up when the market goes down. IH is suggesting adding on dips. This is a solid dip. Just a thought for someone looking for a stock. Best wishes to all fellow bloggers today. The market is closed on Monday: boo hoo. LOL.
Hi Doug,
Martin Luther King day is on monday.
But Canadian market is open....
AGU, RIMM,POT all trade here....
Saleem
Saleem,
Could you update us on some price movements on Monday from the Canadian market? Thanks
Standards
Hi Standards,
Yes I will.....
Saleem
Standards,
You can go to tsx.com and get 15 min. delayed on all Canadian markets. I subscribe to BNN to get live telecast of Canadian business news for $7/month. A news screen on your computer like CNBC only better in all regards. bnn.ca
Hi Stktrader,
BNN is the finest research source for me.
BNN allows analyst & guest...time to think & talk @ length.....not 5 second sound bites on CNBC.....
Saleem
SALEEM
What is BNN tv or a web page
Sorry I do not know more
I didn't the market were closed on monday--Oh well shame on me
Madmax
madmax,
bnn.ca is the website. It is the cnbc of Canadan business news. You can go there and get video for free of daily and previous day segments that you want to see. It also has live streaming video of the daily and weekend programming for $7/month. No contracts. Try it for a month and you can see for yourself. It takes up about a 3" x 4" square of your computer screen with sound of course. As Saleem stated, they are not in a rush to get to commercial so the guests have time to discuss and comment on various stocks; US and Canadian. It is really a better take on financial markets with less agenda.
I hope the President delivers a positive program to START righting the ship! Would be really nice if Bernanke lowers 1% at the end of the month. (Does not look like he'll be lowering before that).
AAPL and LDK look strong today, as the market in general appears to be weakening from a strong start.
SALEEM---Good Morning my friend:
What a great start today! GREEN! Another day to achieve good things.
Please do not change a thing that you do on your blog--I love it the way you have been doing it....That you post buy price and sell price, and offer advice.
It is your blog and we need you for input on our ideas, support and healthy comments, galore.
I LOVE it all;
I turn to it every day and I use it to balance what TV land says and of course my own bone head ideas.
YOU have been so right about TV--they seem to get it all wrong .
J Cramer is a Shrill and full of him self.
I Just what to thank you for a job well done and for alowing me to participate in your blog!
I still have my tiny amount of MA 30 shares; and NYX, AGU, AKNS, CSIQ, DSX ; I have lots of LDK as it will perform very well this year.
Madmax
AKNS -
As this is a sharing BLOG....I am NOT happy with the way AKNS has been acting compared to LDK. Therefore, I will be selling my position.
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