Monday, July 27, 2009

S&P 500 & Dow went to new 09 high intraday...NICE !!!

Markets are trying to digest gains from last two weeks......

S&P 500 & Dow both went to new 09 highs today..which IS technically significant....

RSI on all three indices are in 69 area.....

Gold UP 60 cents

Oil UP 12 cents

Canadian $ UP 6 tick after hitting new high since October 08....

In my portfolio :

Added 14% more RIMM..paid 64 cents above low of the day....it is 35.36% of my portfolio...

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

@ 12.19 following stocks are among green in my watch list:

RIMM,IPI,GNK,PALM,WYNN,MA,BIDU,LVS,EGLE,
EGO,SLW,STP,FSLR,FWLT,GE,AGU....

BLOG does NOT give buy or sell.

Saleem

4 comments:

standardshigh said...

Hi All,

Thank you for your kind words about my situation. Life always seems to get in the way of any progress we might make. For those who have read "Who moved the cheese", you know that the cheese constantly moves and we must keep up with the movements or else we starve.
Does GE looks like dead money, as described on our favorite show? It may not double, but it's good for some quick cash! Free lunch boys!
Best Regards

Stocks100 said...

Hi Standards,

GE is looking very good since friday....$11.50 area is huge support....If I was not into high beta stocks as a strategy GE has been a great buy for several days.

Our favourite channel is a great CONTRARY indicator.....

Yes....I personally strategize to stay ahead of the game by expecting challenges all the time..be it stock market or life..

Saleem

madmax said...

HEllo to all

Jim the Cramer--blowing smoke that the market is past due for a 5-10% down turn
He says the run is over for now
Yeks

The very best to you all

Stocks100 said...

Hi Madmax,

Jimmy,jimmy,jimmy..KNOWS NOTHING...

EOM

Saleem