Monday, March 24, 2008

Nasdaq UP 60.09 2.66% ..leading all indices by far !!!

NASDAQ has started the mother of all rally......

NASDAQ was trashed the most....so will snap back @ "steroid pace "

QLD is flying UP $4.59 or 6.7%........SO FAR !!!

In my portfolio :

Bought PIR @ open cost $6.03..again NOT a good fill with a market order as it opened @ $5.98???

My portfolio is :

BRCM,JNPR,LULU,NVDA,PIR & QLD......

This snapback is a market of buying different concepts as most sectors are deeply OVERSOLD......do NOT go in CONCENTRATED positions.....keep buying many stocks in many sectors.....that IS what I am doing !!!!

BRCM UP $1.18

JNPR UP 35 cents

LULU UP $3.08

NVDA UP $1.28

PIR UP 23 cents ..I am UP 20 cents or +3.3% !!!

QLD UP $4.59

@ 11.20 AM the following are green :

BIDU (new CFO),GOOG,RIMM,AAPL,ORCL,CSCO,FSLR,SPWR,
XHB(better resale news),UYG(BSC getting $10),VMW,LDK,
CMED(ECLIA news),SIRF,CTRN,ICE,NYX,NMX,IGT,TSO,
CTRP,WYNN,MA(new high),LVS,POT,VLO,ABX,ISRG,XLF,
DRYS,FWLT,GS,TOL,CSIQ,NCTY,SNDA,AKAM,WFR,JASO.

Good luck on a well diversified portfolio.

BLOG does NOT give buy or sell.

Saleem

15 comments:

madmax said...

SALEEM

Way to go on picking some winners...
Hurray.

I am looking at V again for a buy,

Good luck on LULU and PIR....

Any thoughs on QLD as to selling or buying more here???

XRT is interesting too.
thanks
M

Stocks100 said...

Hi Madmax,

QLD is the best buy for nasdaq "run for the roses"

V needs rest.......

Saleem

madmax said...

SALEEM
thanks my friend

M

Troy House said...

Today 11:57am
LDK Solar Co LTD ADR Update: Clean Technology Investor reports it has learned that LDK has signed a second solar wafer deal with Mosel worth $150M

- Reportedly the deal was signed in January and follows on a $190M agreement signed in Sept.

madmax said...

TROY

Does the new agreement account for the run up in stock price?? Or is it just luck??

LDK need some good news!!!!
Cheers
M

madmax said...

ALEEM I am looking at another of your SPDR----XLF!!!!!!!!

Not a bad play on the financials

Good price on a beaten down sector
with treasuries selling off this week and expectations of more rotation into stock and the none stop fed action of pumping more funds into the stock market we could see the markets rise further...Pushing te financials all stocks up for real nice run!!!
FINANCIAL SEL SPDR
(AMEX: XLF)
Last Trade: 27.025
Trade Time: 2:26PM ET
Change: Up 0.705 (2.68%)
Prev Close: 26.32
Open: 26.61
Bid: N/A
Ask: N/A
NAV¹: 26.46
Day's Range: 26.55 - 27.37
52wk Range: 22.29 - 38.15
Volume: 100,774,768
Avg Vol (3m): 134,993,000
YTD Return (Mkt)²: -19.19%
Net Assets²: 5.44B
P/E (ttm)²: 10.49
Yield (ttm)²: 3.38

I like the yield also
Comments
M

Stocks100 said...

Hi Madmax,

If you want to position in financials look for double the fun through UYG etf......

Saleem

madmax said...

HELLO Stocks

If you want to position in financials look for double the fun through UYG etf......
Well I never!!! Smile
Interesting--Dunno, what I'll do.
I looked at V, off 6% and no bottom in sight....
My QLD is working like a charm
So I wnat to dulpicate that run with more QLD or the financials
thanks for the information! Are you in UYG???
Comments always appreciated
M

Stocks100 said...

Hi Madmax,

No...I am NOT in UYG yet !!!!

You should narrow down your focus to few stocks only......

Become an expert on few !!!!

Saleem

minaccess said...

Hi Saleem. Later in the day I bought ISRG at 329 and RIMM at 110.75. So now I have CELG, HXM, MCRS, RIMM, POT and ISRG. I have 40% cash to add to these positions on any weakness. RIMM, MCRS, CELG and ISRG broke out today. HXM bounced off it's averages. POT jumped back over it's 50 dma. I have set triggers at 6% below my purchase price as an exit strategy.

Doug said...

Hi Saleem,
What a nice day, for a nice change in vibe for the markets. Thank heavens. I bought RIMM for $111 and SIAL @ $58.50. I sold PRGO for $200 gain and bought and sold CPST for $150 gain. So I am QLD, HCBK, RIMM and SIAL. Best wishes.

Stocks100 said...

Hi Minaccess,

Excellent building of portfolio.

ISRG,RIMM are smoking !!!!

Good luck on tue.

Saleem

Stocks100 said...

Hi Doug,

Yes.....the tide has turned !!!

Keep trading & start good entry moves...which you did....

Saleem

Troy House said...

healthy pullback on V, time to add more? What do you guys think?

Stocks100 said...

Hi Troy,

I am a buyer @ $55 on V.

Saleem