Thursday, July 24, 2008

Markets near low of the day.....

Markets are weak in all indices....

Oil sightly green......

In my portfolio :

Sold AGU & booked a loss of $1.32 per share......

SOL down 88 cents

@ 11.38 AM the following are green :

AMZN,BIDU,EGO,CTRN,ICE,YHOO,SOHU,
SNE,VAR(new high),DUG.....

POT had blowout ER..Ag sector was UP but reversed course...a bad Technical indicator... MUST accept verdict of market.

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. madmaxJuly 24, 2008 at 9:20 AM

    SALEEM

    I am sorry my friend for the AGU loss.
    Fir a MT hold it was a good bet!

    What are you looking at now
    Visa, CMED?

    Cheers

    ReplyDelete
  2. Stocks100July 24, 2008 at 9:24 AM

    Hi Madmax,

    Already bought RIMM...showing relative strength !!!!!

    Saleem

    ReplyDelete
  3. A DJuly 24, 2008 at 2:02 PM

    Hi Saleem -

    Any idea as to what caused AGU to drop the way it did today?

    Thanks,
    AD

    ReplyDelete
  4. Stocks100July 24, 2008 at 3:02 PM

    Hi Ad,

    AGU had a technical breakdown as it fell AGAIN from/near 200DMA...it may head to 50DMA....

    Sentiments is not positive for AG after POT failure to rally...daytraders bailed....

    Saleem

    ReplyDelete