Markets are being pounded based on technical resistance on S&P 500...where 1400 to 1405 was a major resistance...& it IS proving to be one today.....
Lot of institutions & hedge funds trade on TA.....so ....they take it UP from SUPPORT & bring it DOWN @ RESISTANCE......SEE...they control the market with their Billion $ bets.......
Markets were down when OIL was down ..& now OIL is UP and markets are in DEEP RED....
In my portfolio :
AAPL down $3.69
RIMM down $2.85
SOL down $1.55.....behaving much better than my expectations,Went down to $22.90 in reg hrs..in pre-market went down to $22.60 !!!
@ 1.15 PM the following are green :
CSIQ (new contract),TSO(upgraded),YGE(upgraded),POT,
JRCC,MA,VLO,SNE,FWLT,LULU(reports AH..expect a BEAT),
X,QID,SDS....
BLOG does NOT give buy or sell.
PS...Had trouble posting due to Google website issues......
PS...Mother asked me to THANK all well wishers!!!!
Saleem
SAleem
ReplyDeleteTHank God all is well w/mom!
My RRC holding up. and I sold CHK nat gas play for a cool $300 smackers. AAPL is down a little do not know if I should wait for a biger pull back or what????
I missed PQ huge pop today my $21 nat gas play
QLD is down $3.52 is that a better more here Saleem??
Regards to all
M
Hi Madmax,
ReplyDeleteI think buying more AAPL is a better bet than QLD.....
Even RIMM is on Sale today.....
SOL is giving me lot of comfort!!
Taking profit is a gret strategy $$$
Good luck on your decision !!!
Saleem
Good afternoon
ReplyDeleteI snipped a little BEXP today, added to SOL and purchased a tad of RIMM. Let's have a good close.
Victor
Hi Victor,
ReplyDeleteAll good moves in buying RIMM,SOL & BEXP.....
When they put good stocks on sale...it is buying time !!!
Saleem
Victor
ReplyDeleteBEXP was on fire today, RIMM and AAPL were on sale
I got me some QLD at $87 even..
Still got RRC..
Lets hoep we close a lot lower...
Cheers
M