Friday, August 22, 2008

Oil "crashed"...... DOW UP 197.85 !!!!

Russian's left Georgia...so oil crashed......if you want to believe that ...go ahead !!!!

For Historian's.....Oil fell 5.4% biggest DROP since 2004...on NO NEWS ????

Markets were loving Oil downward spiral through $117 to a close of $114.59 a $6.59 DROP....

Markets are finding reason to move HIGHER from oversold conditions.......

In my portfolio :

AAPL rating 55/70 target $194.84.....AAPL moving gradually higher...has a good chance of taking out recent HIGHS......3G iphone went into another 20+ countries......

CSIQ rating 50/55 target $38.42

RIMM rating 40/45 target $145.13....Market is recognizing that there is enough business for both RIMM & AAPL...thus my position in both......

SOL rating 30/30 target $28.36......Most solar stocks were UP as this sector wants to go HIGHER...Democratic convention will FOCUS on Alternative Energy in a big way....

STP was the superstar in solar AGAIN !!!

By 10AM Saturday I will post a list of technically weak/strong /buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

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