Tuesday, July 21, 2009

DOW & S&P 500 went to "new HIGHS" before pulling back...

All indices made new 09 HIGHS before pulling back......

Pullback is healthy after 6 days of straight line RUNUP for Dow & S&P 500 & 9 days straight for Nasdaq......

Gold UP 10 cents

Oil UP $1.02

Canadian $ UP 16 tick against US$..Bank Of Canada predicting better 09 GDP<2.3%> & 3% Growth in GDP for 2010....Roubini should pay attention to worldwide GROWTH in 2010.....

In my portfolio :

Added 33% more RIMM

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

@ 12.08 following are green :

SOL,EGO,GNK,STP,POT,TSL,FMCN,BRCD,
EGLE,CMED,VLO,SPWRA,FSLR,ISRG,VAR,
RCI,AMTD,NDN.

AAPL ER AH..should give a lift to tech..expecting a huge BEAT $$$$

BLOG does NOT give buy or sell.

Saleem

6 comments:

  1. SALEEM
    I think that a RIMM buy is a great idea
    Looking for it to POP with APPLE
    Looking for apple to go to 160!

    Just a guess ta ment but the iPhone sales are off the charts and
    Mac sales are strong as are iPods

    Happy hunting
    Regards

    ReplyDelete
  2. Hi C,

    That IS the idea why I added more RIMM.....also based on comparative RSI.....

    AAPL & RIMM will dominate smartphone market for many years...

    RIMM is overdue for a major upgrade cycle in corporate business.....

    Saleem

    ReplyDelete
  3. Saleem
    I just some GS
    for a trunover this should pop some real soon!
    I thought that the current price seemed cheep....
    lets see If I am bamboozled
    Regards

    ReplyDelete
  4. Hi C,

    GS chart looks good...stockcharts.com has $210 as their target...RSI 63.91...looks good $$$

    Saleem

    ReplyDelete
  5. SALEEM

    Look at the killer action in AAPLE
    Wow up $7 smackers after hours
    Hello smell the money!

    I sold the GS shares for lunch money but hey a buck is a buck.
    regards to all

    ReplyDelete
  6. Hi Madmax,

    Yes...AAPL did as I had expected..good for tech & market...

    Great daytrade on GS....

    Saleem

    ReplyDelete