Markets are very close to break even point .....this is very significant on option expiry day.....IF this trend holds..then we MAY see more buying after 2 PM......
There is tremendous demand for equities based on improving economy worldwide.....
US economy is also on the verge of turning UP......
Gold UP $2.10
Oil UP $1.11
Canadian $ flat against US$.....
In my portfolio :
Added 100% more GNK..got filled 22 cents above low of the day...NICE $$$$
Portfolio is EGO,GNK,IPI,MRVL(breakout @ $13.25),SOL,RIMM,SLW,TLM....
@ 12.11 following are green :
RIMM,GNK,EGO,SLW,TLM,POT,AAPL,PALM,SINA,
KGC,BRCD,ICE,IGT,MA,ABX,FSLR,GG,IBN,FWLT,AGU,
FXI,V,NVDA,TSL.....
ER from GE,BAC,C are being greeted with mixed review...GE is being sold off.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Saleem,
I salute you for your excellent prediction of the tape. If one followed your prediction to buy and sell then already made a lot of $$$$. Thank you very much for your blog. Have a great weekend.
Michael
Saleem,
What do you think of SOL? Is this a good entry point or waiting for a pull back? Thanks.
Michael
Hi Michael,
Thanks for your appreciative note...I am sure many reader of my BLOG do pay attention to the content.
SOL pullback today was expected after many days of UP move..even against the sector tape....
I think your risk/reward is very HIGH if you buy right here $$$$
Good luck with your decision.
Saleem
Saleem Standards
Ge took a good hit today!
GEWHA
Here is the quote for August $12
0.40 -0.52 0.40/2,000 0.41/1,000 24,555 62,227
It is .40 per share any takers?? Will GE go up or is it dead for now
oh , I love SOL the current price is excellent!
Take care
Regards
Hi Madmax,
GE is a good long term hold for an investor like you.
OE played a big role in SOL tape???
Saleem
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