Wednesday, July 22, 2009

All indices hitting 09 Highs daily...NICE !!!!

All indices are showing incredible strength by hitting intraday new 09 highs even today......Dow & S&P 500 closed barely RED after 7 days of straight UP moves.....

Internals were way stronger than indices closing numbers......

Nasdaq closed UP 11 straight days.....not be taken lightly....

AH many ER came out SNDK,QCOM were greeted with selling...while EBAY & VMW were greeted with move UP.....

AH Futures are small RED.....

VIX closed @ 23.47 another lowest close......

In my portfolio :

Sold EGO...missed high of the day by 2 cents.....

Added 55% GNK.....

Portfolio is GNK,IPI,SOL,RIMM,TLM.....

Techs were strong today...

Internet gaming stocks from China went off the chart like NTES,SNDA in particular....

SO...it IS a stock pickers market...many stocks NOT seen or heard on CNBC.....

BLOG does NOT give buy or sell.

Saleem

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