Thursday, March 27, 2008

Nasdaq weak..down 30.78 1.32%

Nasdaq is weak among all indices..currently down 1.32%.....

NASDAQ is weak due to weak guidance by ORCL......

NASDAQ has been leading the averages over several days.....so a pullback was overdue....

Solar stocks are continuing their RUNUP based on Q-cells excellent ER & guidance..Q-cells is among the biggest solar company in the world.....

In my portfolio :

Doubled my position in RIMM @ open...which was NOT the best time to buy today... my cost jumped to $115.15....

AAPL down $1.69

BRCM down 8 cents

LULU down 54 cents

NVDA down 8 cents

PIR down 18 cents

RIMM down $3.82 cents

@ 11.26 AM the following are green :

STP,LDK,CSIQ,FSLR,JASO,SOLF,TOL,TSL,SNDK,POT,
TKC,CTRN,NMX,VLO,SPWR,DRYS,FWLT,EZA,EBAY.

BLOG does NOT give buy or sell.

Saleem

17 comments:

madmax said...

SALEEM

No one has perfect timing

YOu seem to better that the average

Did you see htis on AAPL
http://www.marketwire.com/mw/release.do?id=833439

Stocks100 said...

Hi Madmax,

I strive to buy "good stocks on weak days"

Open sounded good enough to me after GDP report & GOOG downgrades.....

But..it was NOT meant to be !!!

Saleem

Troy House said...

Solars are back, check out LDK, JASO, AKNS and many others...

Troy House said...

Bought JASO @ 17.93 at almost LOD....

Troy House said...

Why is everyone so quiet, on vacation or what?

Stocks100 said...

Hi Troy,

We are all here.....

NOT having a good day @ all..thanks to RIMM & AAPL???

Good luck on JASO...again !!!

Saleem

Troy House said...

Update from LDK's biggest customer, must read:

UPDATE 2-Q-Cells lifts outlook on silicon deal, shares rise

http://www.reuters.com/article/marketsNews/idINL263574120080327?rpc=44

Troy House said...

RIMM & AAPL are leaders, they are generally down because of ORCL's miss, they will surely come around..

Stocks100 said...

Hi Troy,

Today they are down ...down & down...AAPL & RIMM that IS !!!

Saleem

Doug said...

Saleem,
I just got home and was shocked to see RIMM where it is. Im buying right now. Talk soon.

madmax said...

TROY

We are all here

I am looking for a positive green close... I may not get it, however!!!
I got a little of AAPL at $142.75 only to see it drop to $141.12/

My timing was bad
CHL is climbing on good phone news in China.

Good Luck all--we need it today
M

Troy House said...

MER going down, rumors aplenty, keep an eye on it, this can bring market down...

madmax said...

Saleem
Here is IBD on AAPL
IBD SmartSelect® Corporate Ratings
Earnings Per Share (EPS) Rating Relative Price Strength (RS) Rating Industry Group Relative Strength (Grp RS) Rating Sales + Profit Margins + ROE (SMR) Rating Accumulation/ Distribution (Acc/Dis) Rating
98 84 D+ A C over all rating is A- this is great IMHO and ranked best of Breed;

Top 5 Companies in the Computer-Manufacturers Group Stocks Above $10 - Sorted By Best Overall Rating
Apple Inc AAPL

Hewlett-Packard Co HPQ

Dell Inc DELL

Sun Microsystems Inc JAVA

Computer-Manufacturers Group only has 4 companies above $10

Stocks100 said...

Hi Madmax,

Welcome to AAPL club.....

Friday should be strong for AAPL...imho

Saleem

Doug said...

Saleem,
I am in the hunt for a buy. I was thinking about QLD again. Do you think this is a good time/price to enter? Thanks for your thoughts.

Doug said...

I am glad that I waited to hear your answer. I am not doing QLD until I see what is up for tomorrow. Talk soon.

Stocks100 said...

Hi Doug,

Sorry for late reply...a friend was calling from MN....

Close was lousy ......

Saleem