Wednesday, April 9, 2008

Markets are RED ????

Markets opened all green.......

But.....

Market made several attempts to go back to green...but it was pushed lower.......

Markets are lower due to increase in riskiest asset @ GS in Q1 ????

In my portfolio :

BRCM UP 29 cent

ESLR down 7 cent

RIMM down $2.25

SEED down 5 cent

SOLF down 26 cent

TOL down 65 cent

@11.32 AM the following are green :

CROX,SNDK,CSIQ,C,JASO,CCJ,ABX,SPWR,FSLR,DRYS,FWLT,
STP,NTRI.....

BLOG does NOT give buy or sell.

Saleem

8 comments:

  1. SALEEM

    With all the bad news I guess we could have seen a worse sell off

    M

    ReplyDelete
  2. Hi Madmax,

    Unless financials participate....no rally can take hold.....

    Saleem

    ReplyDelete
  3. Saleem,

    RIMM down today. There's news that iPhone developments will be negative to both RIMM and PALM.

    What do you think about this?

    DM101

    ReplyDelete
  4. Hi Dm,

    RIMM is down on low volume...

    AAPL is also down ???

    Wall street is full of agenda..each analyst have different things to say daily...

    But.....most frontline analyst has RIMM as BUY with targets of $160 to $180......

    Estimates fir RIMM have gone UP...???

    I am staying put !!!

    Saleem

    ReplyDelete
  5. HI Saleem,
    I just added V @ $65.75. I started a small position, in case it goes down more, I may add. I know that retail earnings are going to stink. I hope the market doesn't tank. All of my exposure is long. What do you think?

    ReplyDelete
  6. Saleem,

    Thanks for your reply to my message on RIMM.

    Am staying put likewise, and also, added a few more shares at 117.56.

    DM101

    ReplyDelete
  7. Hi Doug,

    V is a great buy.....

    Retail is weak.....but use of credit card is UP !!!

    Saleem

    ReplyDelete
  8. thanks for your reply Saleem.

    ReplyDelete