Friday, March 7, 2008

S&P 500 low 1291.42 so far.........

Markets are doing its usual fake out......

Down @ open ....then erase all loss and go in green and back to loss.......

Markets will be difficult to predict & stocks will be more volatile as they adjust to recession reality.......

Close as usual will be more important than intraday UP & DOWN......

In my portfolio :

CSIQ UP 9 cents

CMED down $2.02

LDK down $1.05

If you like to see which of your stock is showing strength or weakness...see which one is trading higher than low of the day ...and which one is hitting new low of the day......

In a market like this ...you do NOT know where the LOW IS...until the stock turns UP......

@ 11.18 AM the following are green in my watch list :

GS,DELL,VMW,CTRN,ICE,YHOO,AAPL,RIMM,BIDU,WYN,LVS,
AMZN,GOOG,EZA,SOHU,LRCX,AKAM,CIEN(good ER & Guidance),
NVLS,CSCO.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Claude said...

IN LDK for the fisrt time. Small amount... Can it really go lower than this?

Stocks100 said...

Hi Frogvest,

Welcome back......

Today LDK is going through capitulation by many.....so selling has been very strong...

Hopefully...it will find bottom today....

Saleem

Claude said...

Thank you for welcoming me back. Was busy with my new daughter... 5 weeks old but got hospitalised for a week last week. You can imagine trading was far from my mind.

For the last 3 days been watching LDK. Just bought at 21.70$, minimum exposure. Only stock in my portfolio. Benn cash for a while and glad I stayed that way.

Stocks100 said...

Hi Frogvest,

Congratulations for adding a princess in your family...

LDK @ $21.70 is a very good price.

Saleem