Markets swoon continues today......
VIX currently @ 72.41.....new highs hitting today also.....
Fear is NOT subsiding.......
Market NEEDS to close @ healthier level to bolster confidence....
This is a tough environment in markets.....which needs some catalyst to change the psychology...
Financials tried to give boost to the markets..& MAY give some hope by close......
In my portfolio :
PHM Down 4 cents
RIMM Down $5.01
SOL Down 28 cents
@ 12.15 the following are green in my watch list :
AAPL,ULTA,C,ICE,JRCC,IGT,BIDU,LVS,SOHU,
NYX,VLO,HOD.TO,DUG,QID,SDS,DXD.
BLOG does NOT give buy or sell.
Saleem
10 comments:
hi saleem
we both own rimm. i have 100shares . is it time to buy more of rimm? or just stay with the same position. i have cash. your input will be appreciated...
it is so difficult to get out of the market too..
good luck
steve
Hi Steve,
RIMM should be added now.....
Good luck !!!
Saleem
hi saleem
i entered a price to buy more rimm at 50.04. but i didnt get it. i will wait to see how the market moves.
thanks for your advice.
good luck
steve
wow i missed it. it was an opportunity to buy..
we hope it starts going higher and higher.
steve
Hi All,
Hope you're all having a great day picking up bargains!
Best Regards
market is going green
Hurray
Hi All,
Market looks like it's going green!!
Strong hands buying from weak hands.
Good luck!
news:The VIX is currently at 76! This morning, 70 was the all-time high. Over 30 is considered a bullish contrarian indicator. They were saying yesterday that 60 was "off the charts" as an indicator of fear. Go with what you know.
Hi salim all
Took off , from work to monitor the market.I am strongly believe it is bottomed out.But need to be in the right sector. Sold MSFT pre market and took loss but switched to GE and cover loss. Still holdig LDK , bought more at 17.80 ad sold it 19.87 and bring down average to 19.17 approx. My position is NRF, BAC, LDK. No margin.
LDK is good buy but have to keep one month and it may go down to 15.nrf is looking good with 39 cent dividend.
Hi Ds,
Great quick moves with your position.....
Monday close will confirm bottom in markets....
Saleem
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