Nasdaq leading stocks are rebounding strongly today $$$$
Nasdaq leaders will give confidence to retail investors...who are freaked out in this freefall...
Bears are not even CONVINCING in their arguments anymore......Now when they talk..they are hedging their thesis...a great sign that bears ARE shifting after an obvious RETEST....
Markets will build a base from here......& before we know.....we could move AWAY from resistance.......
In my portfolio :
AGU UP $2.00
CMED down 6 cents
CSIQ UP 82 cents..getting close to "breakout point of $19.66"
LDK UP $1.72 on news that their "new manufacturing facility is on time & on budget....only in China"
MA UP $4.00
SOLF UP 40 cents
@11.13 AM the following are green :
AAPL,GOOG,AMZN,CSCO,RIMM,SOHU,BRCM,TSL,TSO,CTRP,WYNN,
BIDU,NMX,VLO,ABX,SPWR,FSLR,ISRG,WFR,DRYS,FWLT,FMCN,STP,
JASO (3 for 1 split),CTSH,INFY,HPQ.
Good luck on friday the green DAY $$$$
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem,
I appreciate the update on LDK. I am also just thankful to have been led to you and I don't take it for granted. Your efforts are most appreciated. Your friend, Doug...
Hi Doug,
Thanks for your appreciative note.
You are a good person to know & converse with.
I am more than happy to share my dd & research.
Saleem
Hi Saleem. I am still pessimistic and I believe the markets have not bottomed yet. But like you, I believe certain stocks are way too cheap. At what point do you think MELI is a buy. It has been battered given the upcoming stock sale and is down over 61%. I remember LVS a year or two back got hammered when they announced a stock sale only to quickly double after. Any thoughts? Any other stocks you think is overly cheap (other than LDK of course)?
Hi Minaccess,
I do not follow MELI..but Bruce does...so he can comment on that...
There IS tremendous bargain in markets right now....but requires patience & conviction.....
CMED,FMCN,CSIQ,AGU,IFN,JASO,STP,GS,POT,TSO & CTRP..are some you can create your own mutual fund and leave it for a year...
Thou shall be pleased !!!
Saleem
Post a Comment