Markets are well below their highs......
NASDAQ is Red......
Financials rallied strongly but are trading below their Highs also.....
In my portfolio :
CSIQ Down $1.63....
SOL Down 64 cents...
@11.53 AM the following are green :
CMED,JNPR,C,TKC,IGT,BIDU,WYN,NYX,
ISRG,XLF,SNE,GS,VAR,AMZN,ALX.
BLOG does NOT give buy or sell.
Saleem
8 comments:
hi saleem
it is so difficult to buy any stocks IN THESE DAYS. i always use stop price to get out. luckily i got my money from wfr with some profit. in a way i was lucky. it is always good to have small positions. i used to have large positions and i used to get lot of profit. but i used to lose a lot of money too. we all need to follow swing trade as the market is so uncertain. we all need to be little diffensive.that is the only way to survive.
thanks for your advice and input
STEVE
Hi Steve,
I am happy that you made some money in WFR.....
Locking profit IS a great strategy.
As you can tell...I am only in two stocks....NOT getting carried away with euphoria.
Market IS looking very WEAK NOW....
Saleem
Hi Saleem,
Not sure what to make of this action. Good news only lasts a few minutes then selling comes in. V was up $3, now in the red. A quick spike then almost instant profit taking. Is it profit taking by traders? The market will be shaky for awhile due to FNM and FRE bailout.
Hi Standards,
Many traders book profit whenever they have it...because there is no conviction.
Staying with few stocks... IS a better strategy.
Saleem
Hi, salim
Any thig good to buy ???Waiting to buy back BAC but it seems it will be in red.
Thanxs
Hi Ds,
Stay away from financials,retail & home builders NOW....they have seen their highs today???
Look in technology & solar....in high quality NOW.....
Saleem
Hi Saleem,
I have to laugh at this one. Check out the "expert" analyst recommendations that came out today. They have a sell rating on FRE! Late last year it was a buy at $70. Ha, Ha, Ha! Too funny. Lehman has a downgrade from overweight to equal weight! WTF? Good for a laugh!
ATL GAS $3.49 STEADY. Small business and restaurants closing doors. My business is slow now.
Hi Standards,
Do you know that when any analyst upgrades/downgrades.....they use previous day closing price....even if they downgrade @ 3.59 next day....this way their call IS alway's taken as perfect timing....
Nice to see that gas is getting cheaper in Atlanta...here I pay $5.22 for US equivalent premium gas.
Saleem
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