Thursday, August 21, 2008

Oil & Gold UP huge & Dow down only 70 points????

Oil UP $6...

Gold UP $26...

US$ Down.....

Dow Down 70 points ???.....

It means that markets are NOT surprised @ this price adjustment in Oil & Gold...US$ down move is also NOT a surprise......

In my portfolio :

Bought RIMM cost $129

Bought AAPL cost $173.60

Portfolio is AAPL,RIMM,SOL,CSIQ.....

RIMM UP 48 cents ..I am UP $1.76

AAPL down $3.28..I am Down $1.04

SOL down 31 cents

CSIQ Down 19 cents

@11.31 AM the following in my watch list are green :

VMW,KGC,TLM,SOLF,WFR,SLV,GG,ABX,AEM,
POT,AGU,IPI,CTRN,CCJ,IGT,JRCC,LVS,AUY,
SPWR,FSLR,FWLT,ICO.

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. madmaxAugust 21, 2008 at 12:20 PM

    SALEEM

    Here are some ratings from Schwab on SOL:
    \Credit Suisse Rating
    since August 20, 2008
    Click here for recent Credit Suisse equity research reports

    Credit Suisse has been added to our line-up of independent research providers, replacing Goldman Sachs
    Learn More
    Argus 12 Month Rating
    since August 20, 2008
    Standard & Poor's Opinion
    Standard & Poor's does not currently provide a rating for this company.
    Reuters Research Average Rating
    since June 30, 2008
    Market Edge Second Opinion ®
    Market Edge does not currently provide coverage for this company

    Not to shabby

    Cheers
    As for AAPL and RIMM
    Best of Breed for AAPL and I believe that AAPL has momentum going for it
    Hurray.

    ReplyDelete
  2. Stocks100August 21, 2008 at 12:38 PM

    Hi Madmax,

    I love your enthusiasm for AAPL..hope it rewards you well by moving higher & higher...

    To me AAPL & RIMM are very good trade....unless they take their resistance out...$138 for RIMM &$183 for AAPL....

    SOL is taking a rest...

    Saleem

    ReplyDelete
  3. minaccessAugust 21, 2008 at 1:12 PM

    Hi Saleem. Bought VVUS today at 7.65. Like I mentioned earlier it has a drug that has finished phase 3 studies on obesity and diabetes. Initial phase 2 studies were very favorable. There should be some results by the end of 2008. As you know obesity and type 2 diabetes (mostly due to obesity) is a problem that keeps getting (I don't know how to say this without a pun) larger. I think it hasbeen drifting lower on mild volume because of the overall market and the fact results have a few months wait. Peace. Still holding LDK, ILMN, and NUVA.

    ReplyDelete
  4. standardshighAugust 21, 2008 at 1:14 PM

    Hi Saleem,

    Schwab world market comments. We are at the lows now. Things should look up from this point. Not ready to ring the bell yet, but everything in place to move forward.

    Best Regards

    ReplyDelete
  5. Stocks100August 21, 2008 at 1:40 PM

    Hi Minaccess,

    Thanks for your update on VVUS buy...I will definitely do my DD on this one now.

    LDK has/will do well...most Solar took a nap while SPWR,SLR,TSL & STP moved further.....

    Saleem

    ReplyDelete
  6. Stocks100August 21, 2008 at 1:42 PM

    Hi Standards,

    Things have gone too far too low...so a reverse IS in the cards.

    Markets are forward looking instrument.

    Saleem

    ReplyDelete