The following stocks are @ new 52 week HIGH .......so much for freefall & bearish talk on CNBC.Please do your own dd & monitor your RISK by using stops.
ACAP,ATEC,DCOM,EICU,EXAC,LMNX,MOGN,NEXT,PETD,PHRM,
PRAI,RESP,STSI,URBN,VNUS,YTEC,ACI,ANH,BVN,CBU,CCC,CLF,
CMO,CNX,CXG,DJP,ENS,EOG,HET,KOF,MEE,MFA,MMU,NLY,NPM,
PCX,RRC,WMS,RBI,TMP.
BLOG does NOT give buy or sell.
Next post 10am Sunday.
Saleem
5 comments:
Saleem,
I have not posted on your blog previously, although I have been reading it for the last several months. I have made some purchases based on your thoughts and would like to pick your brain a bit if I may. I too have used Stock Consultant as well as other sites within Mystifier. My question to you is this, I have noticed that some of your targets have been lowered and some are below your purchase price. Are you using the targets as "milestones" or "exit points" or neither. Please don't take me wrong, I enjoy reading your blog and am not knocking your thoughts. Just curious. I too am in my sixties and lived through the 87 disaster. Thank you.
Hi Painterman,
Thanks for visting my BLOG & taking cue from my FA/TA plus tape reading....
The targets are for other readers for their own due diligence...
I use my portfolio for sharing purpose and post all the relevant info for whatever it is worth.
My personal targets... I give hint either as 2009 play...which implies homework,patience & conviction......
We are in a very difficult market environment.....so most of my stocks are deep underwater....
In any meaningful rebound....most stocks will move UP sharply.....
My current portfolio is subject to market/sector rotation.....I personally feel that solars will do well going into 2009.....
I am more than happy to reply to any question.....
Good luck in your strategy !!!
Saleem
Saleem,
Thank you for your fast response. Yes, we are in difficult times. So, if I may read between the lines, solar is dead money until the 3rd quarter.(except for some short term in & out trades). It seems to me that the lighter selling recently could mean that the bears are running out of steam, but the bulls strength remains questionable. We need some leadership to emerge and the only sector above the 50 day seems to be the transports. Have you done any work to identify anything in this sector? Thanks.
Victor
Hi Victor,
I am overweight in Solar....because it is trashed...
Based on my experience...serious money is made ..when any sector is "deeply oversold" & PE is compelling.....
Transports....will do well when economy starts turning.....Warren Buffett likes railroads....
I will keep monitoring economic improvements....& post sectors accordingly....
I believe economy will have "rough reports till april 08"
In the meantime I am staying with my 6 stocks as detailed in my BLOG.
Saleem
Saleem,
Thanks for your input. Keep up the good work. Have a good rest of the weekend.
Victor
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