Sold RIMM & IPI to take advantage of higher markets...
Portfolio is SOL & TLM.....
NOW...have trading emphasis on a daily basis with much smaller exposure.....
All of this to ensure my personal comfort level with market exposure which has been REDUCED big time.........
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hi C,
GE may drop below 13 again before Aug 21st. May be Friday! We're getting toward the top of the trading range now, as Saleem is backing off his trades. Oh! nice call on the up move Saleem!
Best Regards
HI Standards,
Thanks for your appreciative note.
I owe to all my BLOG visitors to display my actions accurately & in a timely manner..so they can assess their own comfort level.....
Time to be aggressive & NOW time to be extremely defensive.....
Saleem
Hello Saleem,
Thanks for your timely informing us on your move. I also got out of RIM (at 77) and IPI but still hold GNK. Your call is $$$$.
Michael
Hi Michael,
Thanks for your appreciative note.
We are all here to help each other to make money or limit loss....
Market moods are very tricky to assess..I try very hard to think outside the box.....
Good luck with GNK.
Saleem
Hi Saleem,
CMED on sale, rumors downed stock today, WSJ reports CMED down in price but had more money buying on weakness than leaving stock. Someone is scooping up shares.
Best Regards
Hi Standards,
CMED situation is not healthy financially.....they are using too many excuses to say that Q4 will be bad in G&A and also in Q1...due to "internal investigation"
CMED is a "show me stock till ER of Q1"..imho
Saleem
Wow, the bottom fell off the market today after 3pm.
Barron's is saying there is still some ways to go on this rally.
Anyone follows this stock RINO trades on the Nasdaq? I really likes this space....waster water treatment etc...
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