Saturday, May 3, 2008

BUY rated stocks for "Higher highs in markets "

Following stocks are flashing buy signal.Please do your own FA/TA & use stop.

BRCD,BUCY,CDS,DRYS,EXPE,INFY,JOSB,JOYG,NTRI,NVLS,
SIRF,SONE,VMED,RYAAY,SCHW,A,ACN,BAC,BBY,C,CEE,CHL,
EMC,HIG,HMC,IBN,ICE,LEH,TKF,TOL,DYN.

Next post Sunday by 10AM.

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. Troy HouseMay 3, 2008 at 12:12 PM

    Saleem, What do you think of new FED regulations on credit card industry, does it impact V?

    It should not as V does not do any credit lending but make money off transactions... but this might be one reason to get it down on Monday? What do you think?

    ReplyDelete
  2. Stocks100May 3, 2008 at 12:46 PM

    Hi Troy,

    Fed regulations will actually increase the transactions for V & MA.....

    When banks cannot jack UP the interest rates overnight...then it will encourage the use of credit card ....

    Cost of carrying balance will decrease.

    This is all bullish for V & MA....BUT they are overbought & need a rest on TA.....

    I will get back in MA/V on any pullbacks.

    Saleem

    ReplyDelete
  3. dslnbullMay 3, 2008 at 3:42 PM

    Hi, salim
    what is your expected entry point in V?I sold it too but like tobuy back below 78. Bought C.and SEED. Looks ready to jump big way.what do you think?thanxs.

    ReplyDelete
  4. Stocks100May 3, 2008 at 4:41 PM

    Hi Ds,

    C & SEED are all set for a trade...

    V support lies somewhere between $73 & $78.....depending on market & sentiment towards V.

    Saleem

    ReplyDelete