Markets are trying to figure out what Ben Bernanke is "trying to say"
Risk of recession was highlighted by BB.......
NASDAQ is showing relative strength by hanging on to green.......
In my portfolio :
Sold TOL and booked a gain of $2.28 per share.....
Sold PIR and booked a gain of $1.17 per share a whopping 19.4% gain in 4 days......
Bought JNPR cost $25.05
Bought more BRCM my cost went UP to $20.20
Bought JASO cost $18.77
My portfolio is BRCM,EGO,JASO,JNPR,RIMM......
BRCM UP 14 cents
EGO UP 19 cents
JASO UP $1.44
JNPR down 85 cents...I am down 12 cents....
RIMM UP $1.92
@11.44 AM the following are green :
SOHU,CMED,LULU,AAPL,LDK,TSL,C,SOLF,POT,ICE,FMCN,
CTRP,WYNN,BIDU,LVS,NYX,NMX,VLO,ABX,AUY,SPWR,
FSLR,AMZN,GOOG.
BLOG does NOT give buy or sell.
Saleem
24 comments:
Saleem, JASO has always made money for me, I had been in & out JASO right from 14/-
Lets all make some green on green stocks...!!
also check out TSL, signed a long term poly contract today and its looking good...!!
Good luck to you and everyone...!!
Hi Troy,
Thanks for your note.
TSL as I have mentioned before ..it is STILL the most underpriced Solar ....
TSL IS in my FOCUS.....
The trouble IS...i like too many stocks...& not enough money to buy all.....nice problem to have.
Saleem
What is your price target for JASO, I was looking to sell around 21/22..What do you think?
Hi Troy,
I try to interpret chart & resistance....most of the time ..I get it right...but sometimes I MISS it.....
So...based on MY interpretation of chart.....$24 area is resistance for JASO.....imho
So...take it FWIW.
Saleem
SALEEM
Great buys today
RIMM volume is down now--Must be lunch time :)
My QLD is still holding up.
SOLF is showing some good actin here!
Good Luck my friend
Madmax
Hi Madmax,
Solar are back in vogue...but some are way better technically speaking.
Buys are great only...if your sell is locking profit....otherwise it COULD be a wasted $ & effort.
Saleem
SALEEM
JASO IBD says: Over all A rating:
Earnings Per Share (EPS) Rating Relative Price Strength (RS) Rating Industry Group Relative Strength (Grp RS) Rating Sales + Profit Margins + ROE (SMR) Rating Accumulation/ Distribution (Acc/Dis) Rating
66 98 A+ A B
JASO is a good one
M
bought IWM may70puts for 2.25
Saleem,
do you have any insight as to the price action on RIMM this afternoon? Just wondering what you think. Also, does RIMM report right after the bell? Thanks for your thoughts.
Hi Doug,
RIMM reports right after close...
CC 5PM.....
RIMM is expected to guide HIGHER..
Q will be in-line or a BEAT by penny......
Weakness reflects market......
Saleem
HEllO all
SOLAR our on fire today
LDK up over 7%
JASO up over 6%
CMED is pumping up also.
GS is a dud
Good Luck all with RIMM. DOUG it could be shorts moving in on RIMM. What do ya think?
M
Thanks for the insight.
I saw that the options for RIMM dropped today in both calls and puts to around the $115 area where yesterday, the bulk was around $125. At least thats what I thought I saw? Lots of evil folks slithering around, so it is very hard to tell.
DOUG
RIMM is coming back
Wow look at volume
Hmmm
I agree Max, Volume is huge. LOL...
Saleem,
could be a good entry into SOHU right now? I may pick up a few shares.
Hi Doug,
As discussed before open....SOHU is #2 of today's buylist.
Good luck !!!
Saleem
Saleem,
my opinion is that the MM's are setting up to scare the heck out of retailers. They already got it down to scary levels and then with just a little push, they can start stealing shares out of weak hands. Looks like we need to get .76 cents and higher guidance to satisfy the street. We will see. I would love to hear your take on the ER as soon as you could provide it, if its not too much trouble. Thanks.
Hi Doug,
As usual....I will give my take on RIMM as soon as I have CC finished...
Inline Q & higher guidance will do IT...imho
Saleem
DANIT
RIMM got slamed good at the close
But better than the low of the day
DOUG how did ya do today
Slaeem my LDK is kicking butt
Hurray to all
M
Check it out:
LDK Solar Signs a Ten-Year Wafer Supply Agreement With Moser Baer Photo Voltaic Ltd.
Wednesday April 2, 4:15 pm ET
XINYU CITY, China and SUNNYVALE, Calif., April 2, 2008 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. (NYSE: LDK - News), a leading manufacturer of multicrystalline solar wafers, today announced that it has signed a ten-year contract which is a blend of "Take or Pay" linked with market-based pricing to supply multicrystalline solar wafers to India-based Moser Baer Photo Voltaic Limited (MBPV), a subsidiary of Moser Baer India Limited (MBI).
RIMM did the trick, good for you guys... great stuff when everyone makes money...!!
Hi Saleem. RIMM home run. Could not be better IMO. Should help Nasdaq tomorrow.
Hi Minaccess,
Yes...we DID it !!!!
RIMM will LEAD the markets HIGHER !!!
Saleem
Hi Max and Troy. Troy thanks for the well wishes regarding RIMM. I was blessed. Max, the day was very good. I am in JASO and KSU. They are up well from my buy point. I sold RIMM AH and IIVI during the day for profit. RIMM was big profit. Best of luck tomorrow. It may be a nice green day with this pullback today. I am thinking about buying SOHU next, maybe today in AH session. IH bought today @ $50.31 with a target of $59.75 just FYI. Talk soon. I give God the glory gentlemen. He does love those who believe.
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