Thursday, April 17, 2008

Market digesting MER & NOK bad news .....

MER as expected gave a bad ER.....but NOK ASP was low and IS losing market share ......

Both MER & NOK bad news being digested nicely by market......

GOOG reports AH.....I expect GOOG to be in-line kind of report based on click trendline....

In my portfolio :

Sold ICO & booked a gain of $1.16 per share

Bought SOL a wafer manufacturer who boosted its guidance this AM.....although it is not as much bargain as I would have liked but Solar are expanding RSI these days....so bought in my defined overbought territory of 70 RSI.....my cost $16.35

Added 20% SEED cost remains $6.11........

AAPL UP 98 cents

RIMM Down $1.38

SOL UP 75 cents..I am down 13 cents

SEED down 10 cents

TOL down 20 cents

@11.30 AM the following are green :

LDK,YGE,ICO,VMW,DELL,ICE,CCJ,BIDU,VLO,ISRG,STP.....

BLOG does NOT give buy or sell.

Saleem

3 comments:

Troy House said...

ISRG & GOOG both on fire AH, as they report great earnings. hopefully this helps NASDAQ tomorrow


I have puts on USO & also have AG ultrashort ETF SMN, do we see them going down anytime soon?

Troy House said...

I will take my comment about ISRG back, it just tanked AH... well, I will make some money on the puts, but got just lucky....!!

Stocks100 said...

Hi Troy,

Try any strategy...if it works..then ..you had the right idea.....

Since you are mixing puts & ultra shorts....you will know the result soon.....

I have tough time with long position...so do not try option or ultra short.....

Good luck with your strategy.

Saleem