Friday, May 16, 2008

Goldman wants $141 Oil..tanking stock market...

Stock market is taking on the chin...after Goldman decided $141 is where Oil should be...

Oil is UP

Gold is UP

US$ is DOWN

Get the picture !!!!

In my portfolio :

Bought SOL my cost $25.28

My portfolio NTES,RIMM,SOL,TOL,V.....

NTES UP 46 cents new all time high today !!!

RIMM UP 5 cents..trying to buck the downdraft !!!

SOL down 47 cents ...but I am UP 46 cents

TOL down 38 cents

V down 51 cents...still in support zone...

@ 11.31 AM following are green :

JASO,CSIQ,SOLF,POT,CCJ,JRCC,NMX,ABX,
FSLR,ISRG,DRYS,FMCN,CMED,X.....

BLOG does NOT give by or sell.

Saleem
at

8 comments:

  1. AnonymousMay 16, 2008 at 10:09 AM

    RIO hitting new 52 week highs

    ReplyDelete
  2. standardshighMay 16, 2008 at 10:14 AM

    Saleem,

    Here comes GS again with their comments about oil. They must be long oil and short the market. NTES looks like a good play.

    Best Regards

    ReplyDelete
  3. Stocks100May 16, 2008 at 10:23 AM

    Hi Standards,

    GS is the market...they decide what direction anything can move....they do have one-mided traders to bank on.

    Yes...NTES is my latest idea...have followed this company for more than 3 years...they are RIPE for $$$...

    Saleem

    ReplyDelete
  4. Stocks100May 16, 2008 at 10:40 AM

    Hi Pm,

    I have not done any FA/TA on any mining stock.....

    What is your target on RIO...

    Saleem

    ReplyDelete
  5. AnonymousMay 16, 2008 at 10:52 AM

    Hi Saleem,

    Point/figure chart says $54. I've been in since 38.13

    Victor

    ReplyDelete
  6. madmaxMay 16, 2008 at 11:25 AM

    SALEEM
    I got some NTES

    I liked what IBD says
    Sharpcharts give it RSI 78 target $42. I may try for some more at $24.75

    Also looking at HAL. Best of Breed and they talked it up on fast money this week. THe oil service companies have been jumping higher!

    It seems a lot of stocks have moved higher lately.
    DSX is fugeo
    NYX is dying in me! SOL is hovering around $26,

    ReplyDelete
  7. Stocks100May 16, 2008 at 12:01 PM

    Hi Victor & Madmax,

    Thanks for the info on RIO....

    My problem is ...i have to do lot of FA/TA plus TAPE reading before I buy any stock.....so miss out on many opportunity....

    Good luck with NTES !!!

    Saleem

    ReplyDelete
  8. dslnbullMay 16, 2008 at 8:30 PM

    Hi, salim

    I am bearish on SOLF but momentum is strong.Bought again in the morning and sold at 21.WHAT is your expectation on SOLF?Do you think it will beat on sales and earnig ? Do you think it is good buy at 23??
    Thanxs for hard work .

    ReplyDelete