Wednesday, July 22, 2009

Nasdaq green 11 days in a row...NICE !!!!

Nasdaq is UP for 11 days in a row......

S&P & Dow UP 8 days in a row.........

This market will remain "biggest nightmare for bears & shorts"..they are all checking their"dwindling head,shoulders & bank account"

There is a very old saying.....NEVER FIGHT THE TAPE.....TREND IS YOUR FRIEND.....i guess Art Cashin & his drinking buddies have forgotten how "bull markets are formed"

IF it behaves like a BULL market..it MUST be a BULL market.....

It IS never too late to LEARN where this market is heading...HIGHER beyond most targets.....

Gold UP $5.20

Oil UP 74 cents

Canadian $ UP 63 tick against US$......90.96 cents US for 1 CAD

In my portfolio :

SOLD MRVL...

Bought 40% more RIMM paid 38 cents higher than Low Of the Day...very NICE $$$$..RIMM is 37% of my portfolio.....

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

@ 12.15 following are among GREEN :

AAPL,RIMM,TLM,EGO,SLW,MRVL,SINA,GE,CCJ,
PALM,ISRG,NVDA,PMCS,KGC,C,CTRN,ICE,LULU,
WYNN,LVS,SOHU,GG....

BLOG does NOT give buy or sell.

Saleem

4 comments:

A D said...

Hi Saleem,

Thanks for your comments. I know you used to follow PMCS - any thoughts on them prior to their earnings tomorrow?

Thanks,
AD

Stocks100 said...

Hi Ad,

PMCS as usual will beat as they are highly focused in CHINA...

RSI is @ 57.35..which means...there is a good chance of making new highs....

Good luck with PMCS !!!

Saleem

madmax said...

SALEEM

Hello to all

Look at my BMY stady up she goes!

APPLE is just awesome! I see $200 smackers coming. ANd Fast lose your money said tha APPLE was going no where, as it had had it big run. Yes it was at $70 not it is $157 and has had 3 upgrades today !! Choo Choo!! All aboard!
My GE can not break out above $12, yuk---a dog house stock now!

Saleem your RIMM buy may be next to start flying I saw it GREEN today.
Regards to all. It is hot in DC today

Stocks100 said...

Hi Madmax,

Fast lose money are very consistent with their bad calls...they also like NOK before & after ER???

AAPL future is bright.....

Good luck with your portfolio $$$$

Saleem