Friday, April 4, 2008

Bad jobs report...what bad jobs report...markets are getting GREEN !!!

Markets are on a very predictable path........

IGNORE all bad economic reports.......

As .....markets have discounted all those and then some.......

Nice to see market agrees with some of US for a change .......

In my portfolio :

Bought SEED @ open cost $6.10...a great fill got the open price...it is a Chinese crop seed company in Corn,Rice,Cotton & Canola.......there is a SEVERE shortage of Rice worldwide NOW!!!

SOLD EGO and booked a profit of 61 cents per share a nice 10% in 3 days.....

Doubled my position in TOL ..cost went UP to $24......

My portfolio is :

BRCM,JNPR,RIMM,SEED,TOL......

BRCM Down 27 cents

JNPR down 24 cents

RIMM down $1.32

SEED UP 37 cents ...i am UP 3 cents

TOL down 78 cents...

@11.41 AM the following are green :

JASO,LDK,TSL,AAPL,AGU,COIN,MOS,LULU,VMW,POT,
FMCN,BIDU,ABX,SPWR,FSLR,DRYS,AMZN,GOOG,FWLT,
CSIQ,STP,GRMN,EBAY.

BLOG does NOT give buy or sell.

Saleem

10 comments:

  1. Hi Saleem,

    Following your lead on SEED. I have a buy order in for 1k @ 6.05
    Have a good day.

    Victor

    ReplyDelete
  2. Hi Victor,

    I think SEED is the-most undervalued AG play.....

    It was @ $12.72 in oct.....

    $14.99 is 52 week high.....

    SEED has discounted reduced estimates......

    Saleem

    ReplyDelete
  3. SELEEM

    I too like the idea of an AG play.

    I put an order in for 1k at $6.05.
    IBD may not like SEED but I do:

    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
    18 22 A B

    Saleem I sold my QLD I fianlly got cold feet holding it for so long.

    Have a great day all
    Madmax

    ReplyDelete
  4. Hi Madmax,

    QLD made you good money...so you had a "hot hand"

    Yes....SEED is a good focus !!!

    Saleem

    ReplyDelete
  5. SEED - Got mine, 1k @ 6.05

    ReplyDelete
  6. Hi Victor,

    Great fill on SEED !!!

    Saleem

    ReplyDelete
  7. SALEEM

    A mixed close, Hmmmmm....

    SEED closed $6.08 great.
    The sloar palys are doing well, LDK up again at $4.78. Pot and AGU both closed green

    Have a fantastic weekend
    M

    ReplyDelete
  8. Hi Madmax,

    It was a great close...considering dismal jobs report!!!

    Happy for your LDK,POT,AGU+++

    Saleem

    ReplyDelete
  9. Hi Saleem,
    just touching base after the nice week we had. I sold SOHU for $3 gain, JASO already discussed for $2 gain and KSU for .50 cent gain. I am looking to add SOHU or RIMM back on any dip. May not get the chance. I like being in CAT and NUE for two bucks less than IH. I will talk to you over the weekend when you update the blog my friend.

    ReplyDelete
  10. Hi Doug,

    Extremely happy for you...for a "roll in the DOUGH week"

    I am trading way more than i have ever done ...as sectors keep changing on me......

    Alway's follow the tape with my OWN selection....keep checking RSI for relative value !!!!

    Saleem

    ReplyDelete