Thursday, September 25, 2008

Markets moving beyond current crisis...UP 213 !!!

Markets is moving beyond current malaise & will find its footing in neutral zone...which means going HIGHER from here to 1300 area in S&P 500.

RIMM is reporting AH.....expecting a beat .. guidance will be the KEY...

In my portfolio :

BRCM Down 8 cents

JNPR UP 1 cent

NVDA UP 19 cents

PMCS Down 10 cents

SOL UP 35 cents

VMW UP 91 cents

@ 11.54 AM following are green :

RIMM,AAPL,GS,C,LULU,MRVL,STP,CTRN,TKC,
ICE,NDAQ,MA,BIDU,LVS,NYX,VLO,SPWR,GOOG,
QLD,SNY,FXI,LDK,AMZN,CIEN.

BLOG does NOT give buy or sell.

Saleem

5 comments:

Anonymous said...

hi saleem
the market is moiving up. a good sign. when a decision is made on bail out, my concern is, will the market continue to move upward or an opportunity for selling...

ttm is beaten down. i know there is some problem in india regarding the new plant for nano. idont know if i should take a small position. your input will be appreciated

good luck


steve

Stocks100 said...

Hi Steve,

Markets is a discounting mechanism...I think we have factored all the implications of slowdown.....so we move ahead towards 1300 area....

I like IBN much better than TTM....it is near lows and will move UP with economic strength.

Just my 2 cents !!!

Saleem

c said...

HELLO all

Looks like VISA may close green. QLD performed awesome. Cheers to all we may have a bottom put in
We need 2 more green days to know for sure.

My FRO and DSX are sleeping. AAPL is super strong and RIMM bounced up too.DOS is above 2104 hurray
Let go market

c said...

HELL ALL again

RIMM nosed dived on me

I got out but lost my butt

THose who are still in be careful

Cheers to all

Stocks100 said...

Hi C,

Extremely sorry to hear about your loss in RIMM ......

Saleem