Tuesday, April 29, 2008

Nasdaq closed green AGAIN !!!!

While market waits for GDP & Fed action....NASDAQ keeps moving on UP !!!!

Oil slumped.....

Gold tanked....

Dow & S&P 500 waits....

MA lit UP the ticker with a vault to all-time high.....V also tagged along for the ride & made another all-time high.....

In my portfolio :

Sold ICO booked a loss of 50 cents per share

Sold SEED booked a gain of 67 cents per share

Sold V booked a gain of $5.15 per share

Bought RIMM cost $126.88

Bought more NTES tripled my position cost went UP to $21.76

Bought more TSO & doubled my position cost went DOWN to $27.44

My portfolio is EGO,RIMM,NTES,TSO,TOL.....

EGO rating 70/65 target $7.61 reports on Thursday AH

RIMM rating 50/30 target $139.14

NTES rating 15/30 target $23.42

TSO rating 55/95 target $31.42

TOL rating 70/80 target $26.76

In other stocks :

BRCM rating 0/30 rated for a "breakdown" @ $26.36 for a target of $23.67

PMCS rating 0/30 target $9.23

Strong stocks were BIDU,ISRG,DUG,QLD,GS,CTSH,LVS,VMW,WFR,SOHU,
AAPL,FMCN....

BLOG does NOT give buy or sell.

Saleem

12 comments:

standardshigh said...

Saleem,

Sold "V"????? Too soon Brother!

Best Regards

Stocks100 said...

Hi Standards,

V..I sold for the third time.

Booking profit IS a very high priority for me.

Saleem

Unknown said...

big fan of your blog...what does the ratings signify,,,thank you

dslnbull said...

Hi salim,
why do you like NTES??.It is close to all time high. Last quater result were good but stock did not move much.What do you expect from NTES ?thanxs.

Michael said...

Saleem,

I am a big fan of your blog and admired your trading strategy. I got MOS at $131. Should I book a lost or hold on to it? Thanks for your help.

Michael

Stocks100 said...

Hi Zak,

Thanks for your appreciative note & thanks for visiting my BLOG.

Rating is taken from www.stockconsultant.com a technical outfit.....they allow 7 free read in 24 hours....unlimited if you are a member & pay $14 per month....I go for free.

First number is overall technical rating for the stock...Second is technical rating for trade.

Saleem

Stocks100 said...

Hi Ds,

I have followed NTES closely for 4 years.....& have traded 20 timesmostly @ huge gains....

NTES went off-track in the last 12 months & struggled....

NOW it seems they got their act together and their 2 games are doing good...one setting all time record.

I think they will easily beat consensus for both top & bottom & will guide higher also....imho

Lot to like about NTES!!!!

Saleem

Stocks100 said...

Hi Michael,

Thanks for visiting my BLOG & your appreciative note of my trading style.

Booking a loss is never easy.....But I do it whenever I feel uncomfortable with the tape action.....

Idea is to make money quickly ...if NOT why waste hard earned $ which is not working.

Ag stocks are out of favour now....too much talk on CNBC to get out of Ag.....

I have not followed MOS closely...but on any BOUNCE you should try to reposition....looks like Ag was oversold as of yesterday....so expect a bounce !!!

Saleem

madmax said...

SALEEM

Congraduations are in, for selling and booking a profit!!!!!!!!!!!!$$

Nice play on NTES, and I like what you say about it.

Have a great day my friend It looks green to me

Madmax

Stocks100 said...

Hi Madmax,

Taking profit is always a good idea.

NTES is a good one.

Market is looking good.

Saleem

madmax said...

SALEEM

My barchart lover NTES:
Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% -

So make money my friend

I also got some RIMM today
at $126 ouch

M

Stocks100 said...

Hi Madmax,

Good move on RIMM....

Saleem