Wednesday, September 24, 2008

S&P 500 Low so far...1182.93...Retest of support???

Markets are trying to digest Fed testimony & Q/A......

GS $5Billion stake by oracle of Omaha & further equity sale by GS are being digested also....

Markets are "not irritated" by anything said/done.....

Markets are trying to give some sense of STABLE mode so far !!!!

In my portfolio :

BRCM UP 78 cents

JNPR Down 98 cents...MER downgraded based on their prediction that things will slowdown shortly based on outlook given by CSCO & CIEN????

NVDA UP 35 cents

PMCS UP 8 cents

SOL UP 53 cents

VMW UP $1.69

@ 12.06 following are green in my watch list :

KGC,IPI,STP,JASO,SOLF,WFR,TSL,CSIQ,YGE,GG,
POT,TKC,CCJ,IGT,WYNN,MA,BIDU,SOHU,VLO,
ABX,SPWR,FSLR,ISRG,GS,VAR,GOOG,AAPL,
LDK.

BLOG does NOT give buy or sell.

Saleem

4 comments:

dslnbull said...

Hi salim, all

got in GS at 129.77.I will hold it .It is looking good. sold BAC jpm. I was thinking to buy solor but will waite few days. thanxs

Stocks100 said...

Hi Ds,

GS is looking good as warren has put a floor of $115......

Solar will move when tax credit is signed by JWB.

Saleem

c said...

GSs will do you GREAT

DO not know if it will back to $250 time will tell

The oracle has spoken with billions $$$. MY MON is down .50 cents and DSX down a a.85 from my buy price got down graded yesterday--go figure!!

APPL is strong RIMM is week IMHO

Cheers to all

c said...

RIMM is looking up --Hurray see below

TRADE QUALITY 85%, V. Good
Good trade quality is a combination of good profit, profit/loss ratio and target potential.
TARGET 1 Price: 110.62 Profit: 14% , for a typical rally.
Stop Limit/Trailing Stop Limit: 93.14 Loss: 4%
Profit/Loss Ratio: 3.5 : 1 - Good
TARGET 1 POTENTIAL Good, there are 1 resistance areas on the way to Target 1.
Stocks may quickly rise to Targets when there are not many resistance areas blocking the way.
TARGET 1 RESISTANCE +5.3% at 102.2 ± 2.66, type double, strength 10
+14% at 110.62 is Target 1
TARGET 2 Price: 115.86 Profit: 19.4% , Profit/Loss Ratio: 4.9 : 1 - Excellent for an extreme rally.
BREAKOUT None.