Thursday, August 7, 2008

RED in all indices !!!!

Markets are in red thanks to increasing jobless claims.......UP Again Highest in many years ???

These are confirmation that we are close to bottom of economic SLUMP....

Financials are down......

Techs are holding "reasonably well"

In my portfolio :

Bought RIMM again cost $125.50...tape was better than overall market.

SOL UP 1 cents

RIMM UP 14 cents..I am UP $1.94

@ 12.24 PM the following are green :

AAPL,LDK,TOL,SOLF,IE,CCJ,NDAQ,LVS,SPWR,
GSI,MRVL,SNDK.

BLOG does NOT give buy or sell.

PS...Late post due to a long distance overseas call from my sister.

Saleem

3 comments:

madmax said...

SALEEM

How is the family was your sisters phone call OK???

When we will a bottom be in--seems like up 2 steps and 1 1/2 back again
This seems unusual hard to make $$$$....
I bought some CMED lets see if that oes make some movement up!!

Cheers

Stocks100 said...

Hi Madmax,

My sister lives in Karachi Pakistan ...called to say HI...everything is fine with her family.

Markets are OK as it is staying ABOVE LOWS....

Markets are always CHOPPY before turning into BULL mode....

Quick trade is very profitable.....

Saleem

standardshigh said...

Hi Mad,

CMED is a keeper. Watch out for the hedge funds that like to trash this stock once in a while. MR is another stock with a shine to it. Buy them on pull backs.

Best Regards