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

12 comments:

Doug said...

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.

madmax said...

RIMM target price

Just raised by RBC to $150

Smell the $$$$$


Madmax

Stocks100 said...

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

Doug said...

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

Doug said...

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

madmax said...

SALEEM

Hurray
Went through first resistence level

Stocks100 said...

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

madmax said...

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

Doug said...

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.

Stocks100 said...

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

minaccess said...

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.

Stocks100 said...

Hi Minaccess,

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

RIMM will be a show stopper AH wed..

Good luck on wed !!!!

Saleem