Markets are staying slightly red in all indices.
Market tape is normal as it is digesting yesterday's HUGE RUNUP......
Oil staging a "mild UPTICK"
Ag is roaring UP again......
Steel stocks are flying.....
In my portfolio :
Added 10% more SOL...my cost went down to $19.69......one of these days my cost SHOULD be LOWER than stock price !!!!!
AAPL UP 30 cents....iphone release is all set for Friday...Canada has REDUCED monthly charge to $30 per month for data.....should give a BIG boost in Canadian sales !!!!
SOL UP $1.06 had a "breakout" @ $13.66 ...short term target is $16.96.....
@11.52 AM the following are green in my watch list :
SGP,CTRP,FMCN,BIDU,CMED,ISRG,JASO,CSIQ,FSLR,LDK,
IFN,GSI,JRCC,X,POT,AGU,YGE,CCJ,SOHU,ABX,SPWR,VAR,
FWLT,SINA.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Glad SOL is showing some green today. Maybe we found a bottom around $13? When are earnings released? Is there another secondary issue coming soon?
Best Regards
Hi Standards,
SOL is showing some green today !!!
Earnings should be around 2nd week of August.
I do not believe that there is any need for secondary until 2009...
Saleem
Hi Saleem,
Geeze, what was that all about? Selling into any rally I suppose...
Over sold, over sold, over sold.
Setting up for long term holds.
Best Regards
Hi Standards,
Welcome to bear market bottom forming.....
UP Big...DOWN Big.....again & again....until everybody lose hope & equity ......
Yes....Bear markets do come to an END !!!
Saleem
Hi Saleem,
Yes they do come to an end. Saw an article about length of bear markets. After peak of last OCT, it takes 9 months to bottom (today) and another 12 months to turn up. Interesting.
Best Regards
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