Tuesday, September 30, 2008

Markets recouped MORE than Half of its loss...Nice !!!!

Markets "surprised most skeptics" by going UP 485 points on the last trading day of the month...which was dreaded by many.

It is always a good idea to stay diversfied in this crazy market......

Solar stocks were mixed...some UP strong like SPWRA,SOL.....while others were either red or barely green......

Bought PHM a diversified home builder...whose balance sheet are second best after TOL..my cost $13.89...

My portfolio is BRCM,JNPR,NVDA,PHM,PMCS,SOL,VMW......

We MAY have another UP day for Wednesday......which will be nice & will build confidence of those who are looking for an entry point......

For Wednesday...I AM not able to post as we along with all Muslims in Toronto will be celebrating our Eid which is a celebration after the holy month of Ramadan....Will be going to mosque first..then will visit friends whole day.......

BLOG does NOT give buy or sell.

Saleem

3 comments:

standardshigh said...

Hi All,

The Vix hit 46+ a new record. Historically after such a reading the market remained mixed the following week and then rose the next month and quarter.

Better days ahead, watch for bargains.

c said...

So goes October so goes the stock market so says CNBC \

If we close green we will have a bull market

Interesting!!!!!

Hoping for green close today

Any takers out there???. This market is still way over sold
The banks are strong today GS is up 3% so far

Cheers to and Peace to all

standardshigh said...

Hi C,

GS is going higher, Buffett does not make a bad bet. Hope for a green close. ATL gas still hard to find. Most stations in my area are closed. More gas coming soon. ATL realestate prices are climbing.

Have a great day.