Tuesday, April 1, 2008

Markets are UP 2.09%++

Markets are on a roll......

Markets are taking a cue to move UP from all writedowns & equity funding by UBS & LEH.....

Markets are giving signal that worse is behind us in sub-prime mess......

Nice to see "green" all over !!!

In my portfolio :

Sold NVDA & booked a gain of $1.45 per share

Bought EGO cost $6.65.....gold touched my support level and this is among the lowest cost producer of Gold @ $877 @ last check........

Bought BRCM again cost $19.87......

My portfolio is BRCM,EGO,PIR,RIMM,TOL

In my portfolio :

BRCM UP 78 cents ..I am UP 18 cents

EGO down 7 cents..I am UP 10 cents

PIR UP 42 cents

RIMM UP $3.33

TOL UP 80 cents

@11.39 AM the following are green :

NVDA,POT,CSIQ,AAPL,QQQQ,QLD,XLF,LDK,C,SNDK,
VMW,TKC,ICE,V,IGT,FMCN,CTRP,WYNN,MA,BIDU,
LVS,SOHU,NYX,NMX,VLO,TSO,SPWR,FSLR,ISRG,
SNE,AMZN,IFN,DRYS,GOOG,FWLT,EWY,GS.

BLOG does NOT give buy or sell.

Saleem
at

12 comments:

  1. DougApril 1, 2008 at 9:19 AM

    Hi Saleem,
    looks like we are past the first resistance of 2328 on NASDAQ. We just broke 116 on RIMM. I'd say the day looks pretty promising. Its nice to see a little optimism. Best wishes. p.s. do you have any target identified for RIMM or are you just watching the tape? Talk soon.

    ReplyDelete
  2. madmaxApril 1, 2008 at 9:26 AM

    RIMM target price

    Just raised by RBC to $150

    Smell the $$$$$


    Madmax

    ReplyDelete
  3. Stocks100April 1, 2008 at 9:28 AM

    Hi Doug,

    Markets are fine now.....

    Now...we have to worry about making money.....

    RIMM resistance are $116.52 then $125.11 then $134.83......

    It will be nice IF RIMM can cross all 3 in a hurry.....

    Nothing wrong in daydreaming....

    I will stay PUT till thursday...again living DANGEROUSLY close to FIRE !!!!

    Saleem

    ReplyDelete
  4. DougApril 1, 2008 at 9:28 AM

    Thanks madmax,
    for the update. That is exciting news!

    ReplyDelete
  5. DougApril 1, 2008 at 9:30 AM

    Thanks for the resistance levels for RIMM. Let's go
    $116.53 and up.

    ReplyDelete
  6. madmaxApril 1, 2008 at 10:49 AM

    SALEEM

    Hurray
    Went through first resistence level

    ReplyDelete
  7. Stocks100April 1, 2008 at 10:52 AM

    Hi Madmax,

    It DID...but it came back LOWER...

    Very good chance that we SHOULD go through @ close & then some!!!!

    Always a real BATTLE @ each resistance area !!!!

    Saleem

    ReplyDelete
  8. madmaxApril 1, 2008 at 11:22 AM

    Hello All

    Any one get some XLF QQQQ or my beloved QLD, It is fianlly paying off $$$$ up $5 smackers
    Yes!!!
    thanks Saleem it is a conservative way to play the stock market.
    M

    ReplyDelete
  9. DougApril 1, 2008 at 11:26 AM

    Hi Max,
    I missed it. It ran up too fast at the open and I didnt want to chase it. I had no idea the NASDAQ would be seeing +68 today. Congrats on holding those wonderful ETF's. Good luck the rest of the day.

    ReplyDelete
  10. Stocks100April 1, 2008 at 11:32 AM

    Hi Madmax,

    QLD...the mother of all ETF....UP $5....keep counting the change !!!

    You need all your stocks to participate in this "huge rally"

    Time to RECOUP all loss from last 6 months !!!!

    No harm in daydreaming !!!

    Saleem

    ReplyDelete
  11. minaccessApril 1, 2008 at 2:09 PM

    Hi Saleem. Sweet day. We finally got a new higher high. This in itself is substantial. All my stocks, including etf group, was up except TITN. RIMM, ISRG was particularly strong. POT had a very nice reversal on strong volume. Just a very nice, broad based rally on strong volume. Party starts tomorrow after the close when RIMM reports.

    ReplyDelete
  12. Stocks100April 1, 2008 at 2:48 PM

    Hi Minaccess,

    Yes....it was a great day !!!

    RIMM will be a show stopper AH wed..

    Good luck on wed !!!!

    Saleem

    ReplyDelete