Markets are pulling back in a very orderly fashion to deal with "bought conditions"....
This is healthy for markets to rest or moderately pull back before moving towards next resistance.....
TXN ongoing bad ER was a catalyst for techs to pull back......
In my portfolio :
I more than doubled my position in ICO @ open...very bad fill paid $9.45 my cost went up to $8.67
SOLD half of my position in V and booked profit of $1.82 per share
Bought FMCN cost $34.95.....
My portfolio is :
BRCM,EGO,FMCN,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL,V......
BRCM UP 15 cents reports tonight consensus of 28 cents EPS on $792.32 million in Sales..
EGO UP 15 cents
FMCN UP $1.14...I am down 19 cents
ICO UP 48 cents
JNPR down 62 cents
PMCS down 6 cents
SNDK down 94 cents
SEED down 4 cents
TSO down 40 cents
TOL down 15 cents
V UP 56 cents
@11.40 AM the following stocks are green :
POT,IP,CTRP,WYNN,TSL,MA,LVS,SOHU,VLO,ABX,SPWR,
FSLR,DRYS,GOOG,FWLT,STP.....
BLOG does NOT give buy or sell.
Saleem
I Saleem,
ReplyDeleteI am amazed by the number of different stock you have. Your ways are often inspiring and toughful.
I sold my RIG this morning to add some AAPL. I am looking foward to enter the home sector with perhaps TOL or HOV. I have been waiting for a healthy pullback from V to get in, but missed my chance two weeks ago.
I will sell my POT on earning day (24.04.08) as I start to feel uneased with its rapid ascension. I will also take some profits on MOO the same day.
AAPL
MOO
PBR
Cash for (V or MER, HOV or TOL)
Thanks
Hi Ghoad,
ReplyDeleteDiversification gives me the chance to rotate out of stocks into new attractive bargains.
Booking profit is smart...I never fight for last few $$.
Good luck on your strategy.
Saleem
SALEEM Hello my friend....
ReplyDeleteSold my CMED, AAPL, and LDK.
Gosh AAPL is crashing here, earnings is tomorrow and two negative down grades, It is so hard to hold AAPL through earnings.
So I took opportunity to sell and make $$$$. RIMM is in the dumps too. This could be an opportunity here to buy AAPL tomorrow?? Thoughts
I do like a lot of your stock picks.
Have a great day
Good Luck to
Madmax
Hi Madmax,
ReplyDeleteAAPL & RIMM are very attractive here.....
I am glad you sold LDK,CMED & AAPL yesterday.....
Saleem
Saleem,
ReplyDeleteWhat is your thought on SOLF right now, it has held up pretty well through the past 2 down days?
Haw
Hi Haw,
ReplyDeleteSOLF is trying to form a bse here in $15 area.....
On a PE basis it IS the-most undervalued stock in solar.
SOLF will do well on a longterm basis based on relative valuation.
Good luck with your position.
Saleem
VMWare reported great earnings... all the call options that I bought should pay off....!!
ReplyDeleteHope, we can get GOOG like short squeeze tomorrow...!!
Hi Troy,
ReplyDeleteVMW UP almost $9....started to move around 1pm..from down $2 to UP $3.....somebody knew something ???
You will count real $$$ on wed !!!
Saleem
Saleem, yes somebody knew something and thats why I loaded on MAY 80 calls, MAY 75 calls and OCT 105 calls... now using the option calculator I see they are easily doubled or tripled at 68/ AH price...
ReplyDeleteIf we get GOOG like short squeeze then they will go even more... lets hope for the best...!!