Friday, June 6, 2008

Sky high oil taking a huge toll on markets....Dow down almost 300...

Oil UP almost $7 is taking the markets down to lower end of support.......

This HUGE RUNUP in oil cannot go unnoticed as it affects everybody economy/business/consumers.......

In my portfolio :

Added 20% more SOL...my cost went down to $25.97

AAPL down $1.85

SOL down 35 cents

RIMM down $2.97

@11.48 the following are green :

SOLF,CSIQ,LDK,WFR,POT,AUY,ABX,SPWR,FSLR,
STP,CIEN,QID,DXD,SDS......

BLOG does NOT give buy or sell.

Saleem
at

8 comments:

  1. madmaxJune 6, 2008 at 9:45 AM

    SALEEM

    I am so sorry---to hear that Mother is NOT doing all that well. Was the jittery due to the operation or medications??

    I will pray again.
    I hope for the best

    SOL seems to be a safe bet at the curret price Go SOL
    AAPL is coming back up my PQ is holding at lows of the day I got some more in the sell off
    Cheers to all-have a great weekend

    ReplyDelete
  2. madmaxJune 6, 2008 at 10:07 AM

    Hello all

    I bought more SOL at $23.63, it is on sale here

    ReplyDelete
  3. Stocks100June 6, 2008 at 10:23 AM

    Hi Madmax,

    Thanks for your prayers for my mother's health.....

    Her jitteriness was due to medicine,lack of sleep & regimen of walking 3 times/day....

    She was given tranquilizer to calm her down last night around 9.30 PM ...she is OK now & sleeping as of 2 minutes ago.

    Good move on adding SOL $$$$

    Saleem

    ReplyDelete
  4. madmaxJune 6, 2008 at 11:23 AM

    I love the HYPE on AAPL today

    Hurray 3g will be a killer app.
    and potential for 60 billion phones..

    What going to happen now with CNBC saying buy AAPL, Hmmmmm

    ReplyDelete
  5. Stocks100June 6, 2008 at 11:36 AM

    Hi Madmax,

    HYPE IS GOOD $$$$

    AAPL IS GOOD $$$$

    TRADING IS GOOD!!!!

    Saleem

    ReplyDelete
  6. madmaxJune 6, 2008 at 12:35 PM

    Blood in the streets--I can only hope that the volume is not to high
    I do NOT want another distribution day.

    I am worried about Monday

    ReplyDelete
  7. standardshighJune 6, 2008 at 1:42 PM

    Saleem,

    Gee that was kind of a suck day. Up 200 Thurs then down 400 Friday. Oil? can we say market manipulation and speculation here? IMHO yes..........I don't understand the hysterical change of direction in the market. Little changes overnight but the market is acting sick once again. Best we buy good stocks at a discount.

    Have a great weekend.

    ReplyDelete
  8. Stocks100June 6, 2008 at 3:25 PM

    Hi Standards & Madmax,

    What a lousy day.....

    Did lot of trades to deal with sudden changes in market tempo.

    Buy what you KNOW & trade to lock profit.....never hurts !!!

    Saleem

    ReplyDelete