Wednesday, July 2, 2008

Markets are all RED...Thanks Mr Paulson for highlighting weakness all over !!!......

Markets were doing FINE until Mr Paulson released a statement highlighting weakness in US,UK & Europe....so Markets went RED.......

Markets "tone is OK considering it is July 4th holiday week"

@ least market IS trying to HOLD.......

In my portfolio :

Sold MRVL & booked A gain of $1.28 per share......

Bought AAPL @ $173.....in anticipation of July 11 launch of iphone worldwide......

My portfolio is SOL & AAPL......

SOL Down $1.65...SOL has traded 3+ million shares in two hours and IS trying to form a base around here in $14 area.....

AAPL Down 65 cents...I am UP $1

@ 11.21 AM the following are green in my watch list :

VMW,POT,YHOO,CCJ,WYNN,BIDU,NMX,SNDK,GS,
IFN,SAY,NCTY.

BLOG does NOT give buy or sell.

Saleem

7 comments:

madmax said...

SALEEM

Hurray for AAPL what a great tiem to get on board
I am in at $185 so you will do great here!!!!!!!!!!!!!!!! yes

CongradualtionS on MRVL $$$

Sold My RRC for $2 bucks a share profit Sold at $71 a share
Go AAPL

Stocks100 said...

Hi Madmax,

AAPL will do well going forward.

Great idea to lock profit.

Saleem

dslnbull said...

Hi ,
salim
SOL is like 19 years old beutiful girl for 70 years old man.Not easy to handle and can not predict. It looks like it is bottomed out ????If it is close above 15 should be good sign.

What do you think ?Why no pr.???
Thanxs.

Stocks100 said...

Hi Ds,

SOL is OK now.

I am sure SOL CEO/Owners are working on PR...

SOL is ready to "moving on UP"

Saleem

dslnbull said...

Hi,

SOL could be buy out target. This is rumors but make sense.
thaxs.

standardshigh said...

Hi Saleem,

After reviewing the GS analyst discussion of the solar sector, I am convinced of intentional fear mongering. His innuendo that Chinese solar was questionable also brought down Canadian solar and the entire sector. For what purpose? What are his motives? Only people with little ethics and character would spew out such garbage. IMHO

Best Regards

Stocks100 said...

Hi Standards,

GS analyst call are always part of their trading strategy...They issue sell to short first and then cover and then they take it UP.

Solar negative thesis is always the-same...which is repeated every Q before ER and then take it UP into ER.....

Saleem