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

8 comments:

Anonymous said...

RIO hitting new 52 week highs

standardshigh said...

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

Stocks100 said...

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

Stocks100 said...

Hi Pm,

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

What is your target on RIO...

Saleem

Anonymous said...

Hi Saleem,

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

Victor

madmax said...

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,

Stocks100 said...

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

dslnbull said...

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 .