Wednesday, August 27, 2008

Markets are Green so far.....

All indices are green....

Oil UP...

Gold UP.....

Fear of hurricane hitting oil installations are waning.....

In my portfolio :

SOL UP 16 cents

CSIQ Down 32 cents

AAPL Down 21 cents

Rimm UP 37 Cents

@ 11.30 AM the following are green :

VMW,LDK,STP,KGC,TLM,JASO,WFR,POT,
CTRN,CCJ,JRCC,BIDU,LVS,SOHU,NYX,VLO,
TSO,ABX,SPWR,FSLR,FWLT,AGU,TOL,X,IPI.

SOLF ER was a beat by 2 cents ..but margins were eroding on a Q/Q basis...Now 13.7% vs 15.8% in Q1...

BLOG does NOT give buy or sell.

Saleem

5 comments:

  1. Hi All,

    Sold SOL booked $1.50 per share.

    Will wait for pull back.

    Best Regards

    ReplyDelete
  2. Hi Standards,

    Always do what makes you comfortable....Profit is a profit in this difficult market.

    Saleem

    ReplyDelete
  3. Hi, salim

    will you please check it out MBI aNd explain what does that mean ????I am holding lot. Bought SOL ENER ,MBIS.
    THANX

    ReplyDelete
  4. Hi, salim
    sold MBI at 13 and 13,27 2000 shares.keep another 1000 for limit 13.50
    Thaxs

    ReplyDelete
  5. Hi Ds,

    Based on what I read...MBI have taken over a huge ($184 Billion Bond portfolio)..for which they will receive $741 million in premium.....

    This IS a reinsurance deal...good for Bonds which affects interest rate all over....

    FGIC was the original holder which IS deep trouble.....

    NY state Insurance has already approved the deal.....

    Sounds good to me.....do NOT forget to lock your profit as markets are very volatile.

    Saleem

    ReplyDelete