Markets are doing what a "bear market bottom looks like"...one day UP huge next day DOWN huge....what else is new !!!!
Financials took it on the chin with high % loss......????
AIG renewed the write down scenario again......
NY AG aided the slump with announcement of fines & buybacks by C.....
In my portfolio :
RIMM rating 50/30 target $135.97.....BOLD is shipped to CHILE,GERMANY...next is AUSTRIA...then the whole world....reviews are outstanding by RBC & C analyst today after close..... RBC has an Outperform & $165 target today...even Barron's online has a piece AH......GREEN AH !!!!
SOL rating 55/70 target $19.16.....Solar IS the-most confusing sector....down with Oil being UP & down with Oil being down...LDK & SPWR were GREEN..while FSLR,CSIQ,SOL,JASO were down.....
Friday SHOULD be a positive day based on sharp down day today????
BLOG does NOT give buy or sell.
Saleem
6 comments:
SALEEM
I got some CMED yesterday
I took a $1 loss on first day ownership hopefully it gets better
from here! smile
VISA and GS are down a lot! AAPL is still my big bet. Oil is DOWN again. under $120 hurray
More money for consumers to spend on RIMM and iPhone and iPod's
Hurray
M
Hi Madmax,
CMED is in the right sector where oney IS flowing...so you should be more than OK....
Oil demise IS very good for consumer...
US$ is flying HIGH...so my short on Canadian $ IS giving me serious DOUGH !!!!
Saleem
Congradulations on A SHORT
I am not sure that I understand how to short a thing so I leave the dark side to pro's like you...
APPL is up YES!!!
madmax
Hi Madmax,
For doing any short ....all you need an account which IS set up to short.
In Canada it IS very EASY to short because they REVALUE all my US holdings every night based on the value of Canadian $.....
I could have bought every US stock in Canadian funds then I will NOT gain as Canadian value will remain CONSTANT once I complete the purchase.....
I know it is CONFUSING but it is working like a CHARM for 2 years now.
AAPL,V, looking good for U.
Saleem
Hi, salim
Is there any good news for RIMM ????First time i bought at 129.07 .Hope will not loose money.Out from all solor.
thanxs.
Hi Ds,
Yes..it IS the release of Blackberry BOLD in Germany !!!!
Saleem
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