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:
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.
RIMM target price
Just raised by RBC to $150
Smell the $$$$$
Madmax
Hi Doug,
Markets are fine now.....
Now...we have to worry about making money.....
RIMM resistance are $116.52 then $125.11 then $134.83......
It will be nice IF RIMM can cross all 3 in a hurry.....
Nothing wrong in daydreaming....
I will stay PUT till thursday...again living DANGEROUSLY close to FIRE !!!!
Saleem
Thanks madmax,
for the update. That is exciting news!
Thanks for the resistance levels for RIMM. Let's go
$116.53 and up.
SALEEM
Hurray
Went through first resistence level
Hi Madmax,
It DID...but it came back LOWER...
Very good chance that we SHOULD go through @ close & then some!!!!
Always a real BATTLE @ each resistance area !!!!
Saleem
Hello All
Any one get some XLF QQQQ or my beloved QLD, It is fianlly paying off $$$$ up $5 smackers
Yes!!!
thanks Saleem it is a conservative way to play the stock market.
M
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.
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
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.
Hi Minaccess,
Yes....it was a great day !!!
RIMM will be a show stopper AH wed..
Good luck on wed !!!!
Saleem
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