Dow dipped TWICE below 12,000 before rebounding each time to close above......
Will it test the support below 12,000 AGAIN ????
Markets are difficult these days ...unless you are in right sector and in right stock in that sector...
Only trading strategy which works these days IS to book profit..or watch it turn into LOSS???
If you are lucky enough to find the "right stock...then conviction CAN get you the big GAINS"
In my portfolio :
MRVL rating 0/30 rated for a "breakout" @ $17.70 for a target of $19.04
RIMM rating 65/30 "breakout confirmed" target $162.10
SOL No TA....went to $23.28 after pulling back...sitting comfortably WAY ABOVE 50 DMA of $20.03....traded more than 5 million shares !!!!
Other strong stocks were AAPL,BRCM,QLD,DUG,GS,BIDU,ISRG,NYX,ICE,
STP,GRMN,WFR,X......
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Thanks for the kind word.......I was in Montgomery Alabama today. Very busy place. Lots of traffic, people eating out, moving around. Police giving tickets. ATL police are now ticketing like crazy to cover the cost of gas,,,,they say. City counsels considering closing lighted parks early and boosting water rates to stop people from using water. This is strange behavior. I'm noticing this same practice in other states. Anyone else notice this stuff?
Hi Standards,
High gas prices ARE affecting every household...everybody IS watching their $ spent on Gas.
Everybody IS affected...so controlling Gas cost is a priority with everyone.....
Increasing revenue by ticketing is a natural offshoot of HIGH gas cost.
Saleem
SALEEM
WELCOME back my friend
Look like Mom is OK
Great
I am holding Visa and missed the run in CMED!
PQ and SOL are my favorites. Still holding AAPl and GS
lets have cheers for SALEEM!! You are back and OK
HI Madmax,
Thanks for your welcome back cheer!!!
AAPL should be moving UP from here as it has build a nice base.....
SOL is doing well....will move further UP once secondary is all complete....
Saleem
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