Markets having an "expected PULLBACK".....

Markets are pulling back in a very orderly manner.....

Most of the "overbought sectors are pulling back"

Guess ...which sectors were "overbought"......

Retails,homebuilders & financials.......

This is NOT a market to CHASE yesterday's winners........

There are too many sectors which have been "oversold"...which needs to be bought.....

Markets go UP & markets go DOWN.......but...you make money with "individual stocks which are READY to move UP......irrespective of the markets"

Also it IS important to RIDE it UP until stock stalls......so knowing TAPE action is very "critical"

Serious money is always made with CONVICTION..........

In my portfolio :

I bought SOLF (deeply oversold) in pre-market....cost me too much in commission $65 for this buy...my cost $17.05.....even with hefty TD Waterhouse rate......

SOLF was rated for "breakout" @ $16.72......with immediate target of $20.06.....UP $1.66 to $18.37........

AAPL UP 68 cents...

AGU down 28 cents...

AKNS UP 51 cents....

BX Up 24 cents ...inspite of a hatchet job by our beloved Barrons over the weekend..why it IS not tanking to $15 as predicted by Barrons......one word "oversold"????

CSIQ now has a confirmed breakout UP $1.81......

LDK UP $1.70.....

MA UP $2.87..breakout point $221.40 with a target of $242.30...it exceeded breakout point this AM and went to $222.25.....

UEX.TO down 7 cents....

@ 11.27 AM the following are green :

RIMM,BIDU,CMED,TSL,VMW,SIRF(ER AH),ICE,POT,YHOO,CTRP,
SOHU(ER AH),NYX,NMX,SPWR,FSLR,ISRG,AMZN,IFN,EWY,STP,
JASO,NTRI.

Good luck on recovery in markets !!!!

BLOG does NOT give buy or sell.

Saleem