Friday, October 17, 2008

Markets heading towards GREEN.....

Markets are in a STABLE mode.....

Open as usual was sharply LOWER...part of building a solid BASE......Markets keeps making HIGHER lows....sign of MAJOR base building......

Nice to see that Warren Buffett is encouraging Americans to invest in "bargain of century" my words not his...but he means the same thing....

In my portfolio :

Doubled my position in SOL..cost went WAY DOWN to $9.55....showing serious relative strength...Q3 must have been "a blowout"......

PHM Down 40 cents.....Housing data showing sign of "bottoming out"

NDN Down 15 cents

SOL UP 51 cents

RIMM 55 cents

UYG UP 18 cents

@ 12.00 following are green in my watch list :

WFR,YGE,ICE,CCJ,JRCC,NDAQ(going into S&P 500),WYNN,
MA,BIDU,LVS,SOHU,NYX,SAY,VLO,FSLR,GS,VAR,GOOG,
FWLT,SNY,SGP,AMZN,X.

BLOG does NOT give buy or sell.

Saleem

24 comments:

madmax said...

HAPPY Friday to all--God Bless you all

Did any one get mw QLD??? Made bucks on that

Look at the ACTION on AAPL--wow I got some at $98.40.

MON--has been a monster--I thinks the next stop is $100. I got some positions in it a various prices and a core position too. Get some -- will not be sorry
HAL is great at this price of $18.
Just a few thinks tat I like here.....
I wish SOL would break out--it feels like watching paint dry!!!!! phew

Cheers

Stocks100 said...

Hi Madmax,

Yes..this Friday will build confidence for billions of traders...

SOL is painting the entire solar sector....

Saleem

dslnbull said...

Hi salim, all

sold LDK too ealry 18.47 to buy AAPL. Wrong move but lets see how it goes.I like LDK but want ro be safer with AAPL. Hope i am right. I think AAPL should go above 107.
thanxs.

madmax said...

ANy thoughts on AAPL breaking out today

seems stuck at $99

thoughts
thanks

madmax said...

Hello DSI

I too bought AAL again as the surer bet---hmmm
maybe I out foxed myself here
It is stuck at $99--poor us

QLD is stellar stock here and a target of $50 but I got some at $38 yuk

Good luck and comments appreciate
Joe the Plumber
M

Stocks100 said...

Hi Ds,

Markets ARE changing.....

What worked before MAY not work as we are entering a STABLE market trending UP.....

Good luck with AAPL....

BUY strength NOW !!!!

Saleem

madmax said...

SALEEM

AAPL just broke $100---go AAPL

Did you possibly mean that I should sell AAPL as it has come to changed market???

thanks--I am confused

M

Stocks100 said...

Hi Madmax,

NO NO NO...

AAPL will do very well $$$$$

Saleem

Anonymous said...

Good morning all.

Strenght today seems be in the energy sector. Oil, gas & coal all up. Anyone like anything in particular here? Heading up to Tahoe tonight to pay my dues.

Victor

Stocks100 said...

Hi Victor,

Try ETF in those sector....they are all flying $$$$

Saleem

dslnbull said...

Hi all

The reason i switched to AAPL is risk reward factor.AAPL can go 130 easily while LDK was in doomed role in last two days up to in the morning hr today .BID ask was 30 cent. AAPL earning is important .?????I sold IBN, FWLT very low .But important thing is not to loose money.Made some money ,but would have made more with LDK. 1500 shares,thanxs.

dslnbull said...

Hi all

It seems somebody unloadig lot of shares. AAPL one minute chart is not lookijng good. If it cloe below 98, not good sign.LDK, SOL is very strong.

Stocks100 said...

Hi Ds,

Keep in mind that today is OE...so lot of game playing with markets & stocks.

Saleem

dslnbull said...

Hi all

Accordig option ,what should be CLOSE for AAPL??I do not uderstand any thing about OE.

Stocks100 said...

Hi Ds,

AAPL option is no different than any other option....

It all depends where MM/Hedge funds have placed their big bets...on PUTS or call.....

Looks like PUTS are winning .....

Saleem

madmax said...

SALEEM

Give me a crash course in PUTS and CALLS

Put are down and CALLS are up
We are down so I guess that they bet on the stock to go down???
But earning are coming out and rumor is it will be huge
Dunno for sure however
comments

Anonymous said...

Max,

Stay away from puts/calls. Not only do you have to guess the direction, but also the time frame.
My two cents.


Victor

madmax said...

Hi ALL

It is in deed to difficult to predict the direction of a stock let alone put and calls and spreads

you can lose good money on it

thanks

Stocks100 said...

Hi Madmax,

Sooner or later every stock trades on fundamentals.....

AAPL will do the same.....

Option is a crap shoot.....win big or lose big.....

Overall most option traders are wiped out...

Saleem

Anonymous said...

I'm outta here. Everyone have a good weekend.

Victor

dslnbull said...

Hi all

AAPL is always sucks for me.I cant believe i losse money today.Close is very bed. I think it will retest 87 by tuesday.Bought AAPL at 100 and sold LDK at 18.47, FWLT at 25,67, IBN at 16.27.Sold winner too early and bought looser at high..

AAPL has to stay above 115 tuesday ,or it will go below 87 incase bed earning.what is your input ?thaxs

what you guys thinking about AAPL???will it goes up or dow ??/

madmax said...

AAPL views

Earning are out on the 21 so I will hold till Mondays and see how it trades all day and decide at close

APPL for me is my core stock it is a LT hold! If you want to feel bad go ahead;
but this is a great company suffering in a crappy market!

IMHO it is good for day trading and should be sold to make some bucks --it will go back to $200.

IMHO next price stop should be $120. AAPL just reduced some of it product prices--wow what an incentive to buy an iMac etc......
I like their products, do you?


So I think it goes up--thoughts

dslnbull said...

HI,
It is no doubt it is good for long term. All depends on result and guidence. They are selling all over the world so result will be good.If it is good you can see 145 .
thanxs

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