Monday, October 13, 2008

Dow @ 8934...UP 483 $$$$

Markets are strong today based on quick ACTION by EU,England,Australia,Saudi Arabia,UAE,Pakistan.....

US is still busy on TV talking about a plan which is yet to be IMPLEMENTED...

We must thank rest of the world for this rally.... who took decisive ACTION already..no bureaucratic FORMAT anywhere ..democracy or kingdom.....

Is this INACTION in US sign of incompetence????

In my portfolio :

Added PHM ..my cost went down to $13.16

PHM Down 20 cents

RIMM UP $3.70....RIMM announced selling of Blackberry Flip phone starting today @ T Mobile in US...This is the first Flip version of Blackberry...

SOL UP 67 cents

@ 11.55 AM following are green in my watch list :

AAPL(upgraded),UYG,IPI,NDN,STP,JASO,SOLF,WFR,V,
POT,AGU,MON,C,CTRN,ICE,CCJ,JRCC,NDAQ,WYNN,
MA,BIDU,LVS,SOHU,NYX,SAY,VLO,SPWRA,FSLR,
ISRG(upgraded),SNE,GS,VAR,IBN,GOOG,FWLT.

BLOG does NOT give buy or sell.

Saleem

6 comments:

standardshigh said...

Hi Saleem,

Put my order in premarket and got shut out! Darn! Ok, I'll just wait for the next drop.
Nice rally, you pegged it correctly!
BIG!!!!!!!!

Standards

Stocks100 said...

Hi Standards,

Tommorrow IS setting UP to be another HUGE day.....

Saleem

standardshigh said...

Hi Saleem,

Yes there should be some follow thru. After looking back at history this thing could roll over for another low before moving forward. Today was a once in a decade opportunity to cash in big. Maybe we will get another chance.

Standards

Stocks100 said...

Hi Standards,

We have only recouped 11% of 45% massacre......

With normal pullbacks...I FEEL we are heading for Dow 10,500 in this RUNUP......imho

Saleem

standardshigh said...

Hi Saleem,

Do you know of any ETF's that track the Hang Seng? This could be a good play.


Standards

Stocks100 said...

Hi Standards,

EWH.....for hong kong...

Saleem