Thursday, July 10, 2008

Where IS the bottom in Financials & in Markets ???

Everybody is asking same question over & over.....

Where is the bottom in financials & markets......

This question has attained the status of a "sporting phenomenon"

I do NOT know anybody who has predicted any bottom in markets EVER????

So WHY the obsession with "BOTTOM"????

Most investors/traders do NOT buy S&P500 /NASDAQ 100/Dow 30.....

@ these attractive level there are many stocks which are trading well-below their "normal PE"

Everybody wants a "guarantee that these stocks will not go DOWN"

Well there is NO guarantee even in roaring bull markets.......

It will be WISE/PROFITABLE to concentrate on stocks whose FA/TA is looking very COMPELLING......

How about looking @ your OWN watch list & see which stocks are primed for a sustained move UP......I am sure you know of FEW stocks already......

So...do your OWN homework & start NIBBLING !!!!!

In my portfolio :

AAPL UP $1.95...Friday is the worldwide launch of iphone..there IS lineup to buy from Tokyo to New York........

SOL UP 23 cents

@11.31 AM the following stocks on my watch list is GREEN :

MRVL,ICO,GSI,V,VMW,LDK,POT,MA,ABX,SPWR,FSLR,
SNE,IBN,GOOG,FWLT,GS,QLD,QQQQ,X,ACH.

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

SALEEM
Way to go with AAPL

Hurray
As for SOL I believe it will pop soon
A green marker --now we need volume

Stocks100 said...

Hi Madmax,

AAPL & SOL are both GREEN.....

Markets are looking healthy AGAIN $$$

Saleem