Friday, July 25, 2008

Markets are stable As Data rolls in....

Markets are stable after tanking yesterday.....

All economic numbers are coming better than expected......

Consumer confidence will continue to rise as Oil comes down.....

In my portfolio :

SOL down 14 cents

RIMM UP $1.12

F UP 13 cents

@ 1137 AM the following are green :

POT(upgrade),MON,AGU,AAPL,JNPR,IPI,CSIQ(upgrade),
JASO,WFR,V,TKC,CTRN,ICE,CCJ,JRCC,NDAQ,MA,NYX,NMX,
VLO,SPWR,CMED,GOOG,FWLT,QLD,ICO,X....

BLOG does NOT give buy or sell.

Saleem

2 comments:

minaccess said...

Hi Saleem. It seems like SOL is bottoming and ready to go back up. It's an unusual chart. Although it's down 51% from it's highs the volume on the down day's have been low as compared to it's volume on the up days. I am being cautious and will wait to see if it makes a double-bottom base. I would guess that in 6 months SOL will be at a new high (along with my POT). Why did you sell your oil short. A gutsy but brilliant call. I would have bought with you but not available in US markets.

Stocks100 said...

Hi Minaccess,

Thanks for your SOL analysis.I have great faith based on FA that SOL will fly soon.....

Volume has just about dried up...any buy volume & we are off to the races on SOL.....

I got 3 days of downtrend on Oil & almost 20% gain...so I took it....as Oil is highly manipulated on a day to day basis.

POT got two upgrades today & is looking good...AGU tape is horrible ...lucky that I changed my mind in nanosecond.

Good luck with POT & strategic timing on SOL.....

Saleem