Markets are staying in a negative range.......
Gold down.....
Oil UP....
Markets are struggling with Ag sector also...as it is taking on the chin......
In my portfolio :
CSIQ down 91 cents
CMED UP 3 cents
LDK down 91 cents
COIN down $2
@ 11.24 AM the following are green:
MCD,GS,MA,JNPR,CSCO,BRCM,SNDK,AMAT,
TSO,BIDU,VLO,EZA,GLW,INTC.
BLOG does NOT give buy or sell.
Saleem
16 comments:
Saleem,
since the ag sector has been hit hard today, I was wondering if you think it may be a good time to buy a small position in either COIN, AGU, MON or ADM? I know that we may need some further testing but I cant decide if this is a good time to start a position or what, so I would like your opinion. And if you do think it may be a good time to start, which one of the 4 listed above do you feel may be the best to buy??? Thank you for your thoughts.
Hi Doug,
COIN is an absolute BUY...imho
Yes...it should be bought NOW....
Saleem
Thanks Saleem.
DOUG
Good Afternoon to all
I like AGU. COIN may be a good one for a quick sale. Medium hold AGU and POT, Just my 02 cents
I own AGU at $73 and I am not selling till I get my target $80. Smile
this is one hard market
M
DOUG:
Why I like AGU:
Upside ReCalc™ : Adjust the upside trade & breakout parameters. ( Stock Price: 66.93 )
TRADE QUALITY 95%, Excellent
Good trade quality is a combination of good profit, profit/loss ratio and target potential.
TARGET 1 Price: 79.38 Profit: 18.6% , for a typical rally.
Stop Limit/Trailing Stop Limit: 64.28 Loss: 4%
Profit/Loss Ratio: 4.7 : 1 - Excellent
TARGET 1 POTENTIAL Good, there are 2 resistance areas on the way to Target 1.
Stocks may quickly rise to Targets when there are not many resistance areas blocking the way.
TARGET 1 RESISTANCE +8.5% at 72.61 ± 1.52, type single, strength 5
+12.1% at 75.05 ± 1.58, type single, strength 5
+18.6% at 79.38 is Target 1
TARGET 2 Price: 82.09 Profit: 22.7% , Profit/Loss Ratio: 5.7 : 1 - Excellent for an extreme rally.
BREAKOUT None
Hi Max and Saleem,
I did just buy COIN. I am more of a trader Mad, because in this environment, a trader can make profits in terrible market settings where investors can get hurt. So for a trader, wether or not the market is tanking does not matter if we can pull a small profit out of the day or few days that we hold. I am an investor in LDK and I am crushed right now. I like flipping stocks and making a days wages. It doesn't always work but it is less at the markets whim. Saleem, thanks for being so selfless to recommend COIN when I know you are down. That was very cool of you to give me a chance to profit on a stock that is currently not helping you. I know that must be hard, at least it would be for some. Best wishes to everyone. MAD, I hope that I did not come off as pompous or lecture like, as I did not mean to, regarding trading. I was just making a statement that I thought may help some consider to not be married to anything in this horrible market. I hope you understand what Im trying to say, that trading can be profitable in the worst markets. Best wishes to all.
Mad, I didnt see your last post while I was typing. I agree with you 100% that AGU would be excellent trade and even investment. I just wanted you to know that I like everything you posted! I love all the posters here Saleem. You really have got some of the neatest people coming to your blog. Birds of a feather flock together.
LDK... Is there any bottom to it??? If it continues like this, the stock will be worth a penny in 5 weeks. It makes no sense. I am not sure the naked short story can account for this downtrend.
SALEEM
this market is almost to painfull to watch!
It has to be driven by shorts. Gosh, when will it end? Look at my DRYS and RIMM they are killing me
CMED is my only GREEN--smashing trhe shorts
M
Hi Madmax & Frogvest,
Sold all LDK @ huge loss....
Cannot fight the lousy tape on LDK.
Keeping all CSIQ....
Saleem
Saleem
Wow, you sold LDK... That's the last thing I was expecting. Must of been a real difficult decision to take and a huge blow for you.
Ugly market, real ugly.
SALEEM
YOUr decision to sell is astounding.
But it preserves your principal
that is good.
Dunno, I am still holding and CMED is my only green
Nothing is sacred
Madmax
Hi Saleem. Sorry you took a big loss on LDK. Makes no sense to me oil, nat gas and solar stocks down when energy prices are so high. Never thought LDK would see teens. COIN getting smacked as well as ag stocks are the loser group today.
Saleem,
I think you made the right decision with LDK. The news has not been good and the hole is just getting bigger. I wish you the best later this year in making back the money.
I made the difficult decision to sell all of my solar holdings (JASO, TSL and LDK) on March 3rd. I too have an uphill battle to wage this year to rein in the losses, but, I'm sleeping better at night knowing that I’m out of what has become a losing sector. I'm sure you'll do the same tonight.
Cheers!
Hi Madmax,Minaccess & Ibd,
Thanks for your comforting message re LDK sale.....
It has been ROUGH for me today.
Saleem
Hello fellow bloggers,
Just wanted to make public that I sold all LDK today as well. Hurt bad but its just acting too weak. I am CCC, COIN and CHNR. Being killed in all three. Best wishes for a better tomorrow. Hopefully we will touch lows and maybe get a rebound, I hope...
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