Friday, June 27, 2008

Market goes UP & Markets go DOWN...it is "stock selections that matters"

Markets are doing what they need to do.......

The question IS.......

Are you taking ADVANTAGE of the Low Low Low prices on many good stocks.....

Are we forgetting "BUY low ...so you CAN sell HIGHER !!!!

Best buys are generally there when sentiments IS lousy ????

Check out the forward PE on quality stocks.....they are looking VERY good......

Why...forward PE ?

Because from July you always look to next year projections...which MAY be very CONSERVATIVE......

So....what do you think the RISK/REWARD ratio is for good stocks with great earning momentum.......EXACTLY !!!!

In my portfolio :

MRVL Down 7 cents

SOL UP 23 cents...Looks like SOL made a TRIPLE bottom in $16 area today...with Higher low of $16.85 higher from $16.33 previous LOW......RSI is also "turning UP @40"

@11.31 AM the following stocks are green:

ICO,GSI,DRYS,ABX,GG,AUY,KGC,V,POT,
CCJ,FWLT,CMED,X.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

Anonymous said...

Calling all buyers...come out, come out where ever you are. We need something to turn this thing around.

Victor

tinman said...

Sol is getting a pop today, but it looks like a mistake by IBD. It's listed on IBD top 100, at number 3, but it's checkup rating is A-, while all the others are A+. I suspect it may be removed this afternoon. Just my wild ass guess.

madmax said...

the closed the price of SOL come to $15 the closer it come to being dropped. As for A+ to A- that may NOT be a big deal. Lots of great stocks have A- ratings.
The question is is SOL a great stock and is solar stocks dead, I say not way epecially if oil stays up in the current price range. I am not sure what will kick start the solars--but at this point the whole maket needs a kick UP

M

dslnbull said...

Hi,
volume i CAEI is almost 1.4 million after hr. at 10.19????Also big in SOL and so many stock. What does that mean. I understad it is cross transcation between brokerege house. Does it mean anything ???CAEI looks very very strong.
thanxs