Thursday, August 14, 2008

Oil Down ...Markets closed Green !!!!

Market is following an interesting pattern......

One day UP ..Next day DOWN......

Oil UP... Markets DOWN......

Oil DOWN ....Markets UP....

Gold trying to make a "double bottom ABOVE $800/OZ"

AG were Down.....

Financials were STRONG...

Techs were STRONG.....

IPI was down the-most % wise....ER was a BEAT ....must be some BUT in their report...do NOT follow that stock.....Near 52 week LOW????

In my portfolio :

KGC rating 65/95 target $19.61

RIMM rating 5/30 target $138.17

SOL rating 65/55 target $20.72

TLM rating 80/75 target $18.58

CTRP was UP $10 on great ER......

TSL reports before Open (Monday)......has been laggard among all solar stock......

OE will be very interesting as markets are on the "healthy side".....

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

Good Luck to all

Gas prices are easing here in DC

My Visa and MON are basing and IMHO looking for an opportunity to pop.

AAPL sure is tempting here, again it is a gamble as to $200 a share is coming or not. If it holds $180 then next stop is $$$ my target of $200.

SOL is a dream here, looking for more strength.

MY 2 oil plays are basing here, HAL and PQ. I am lookng closly at TLM--Warren Buffett bought Conoco Phillips and another oil today!
I think oil could be in play.
Cheers to all!!!!!!!!!!

Stocks100 said...

Hi Madmax,

Nice summation of your portfolio.

AAPL will hit $200+...but it needs some more basing time.....I will be there with AAPL when it is ready for next RUNUP to $200++..nothing goes straight UP...AAPL was @ $145 few weeks ago now $178 a $43 RUNUP or 29.6% jump...in this market it IS a rarity.....

I have learned to understand "digesting time after every RUNUP".....

Oil stocks are an excellent BUY today......

Good luck with them Apples!!!!!

Saleem

standardshigh said...

Hi All,

Bought Sol pre market $17.

On board.

Best Regards

Stocks100 said...

Hi Standards,

This is a very volatile market....so do NOT forget to lock any gains....

SOL is looking good today $$$$

I am buying & selling same stocks over and over.....

Strategy IS buy today & sell @ pre-determined profit....if possible next day !!!

Saleem