Friday, June 20, 2008

Dow tanked to 11876.07....trying a comeback!!!

Market support is being tested in quadruple witching selloff......

Dow ,S&P 500 & NASDAQ all trading NEAR 52 week low....

Today "seems like capitulation"?????

Oil went as high as almost $5 UP......

Gold is UP......

US$ is UP....

In my portfolio :

Added 10% more RIMM my 3rd add-on in 3 day's...My cost went UP to $135.49...

MRVL down 25 cents

SOL down 96 cents

RIMM down $2.95

@ 12.08 following are green :

POT,JRCC,X,AUY,ABX,LULU,SDS,QID,DXD......

BLOG does NOT give buy or sell.

PS...Sorry for the delay in posting as a close friend called to inquire about my mother's health.

Saleem

2 comments:

madmax said...

MRVL is rates with a target of $32 by shart charts
IBD gives it an over all A:
Earnings Per Share (EPS) Rating Relative Price Strength (RS) Rating Industry Group Relative Strength (Grp RS) Rating Sales + Profit Margins + ROE (SMR) Rating Accumulation/ Distribution (Acc/Dis) Rating
92 93 A- B A-
This looks like a good pick

Stocks100 said...

Hi Madmax,

Thanks for your IBD & stockcharts take on MRVL.

Saleem