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:

Anonymous said...

Hi Saleem,

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

Victor

Stocks100 said...

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

madmax said...

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

Stocks100 said...

Hi Madmax,

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

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

Saleem

Anonymous said...

SEED - Got mine, 1k @ 6.05

Stocks100 said...

Hi Victor,

Great fill on SEED !!!

Saleem

madmax said...

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

Stocks100 said...

Hi Madmax,

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

Happy for your LDK,POT,AGU+++

Saleem

Doug said...

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.

Stocks100 said...

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