Thursday, August 20, 2009

Indices GREEN 3 days in a row...NICE !!!

Indices are giving "clear" message to Bears & so-called technicians to get it RIGHT or lose further credibility/equity......

Indices are GREEN 3rd day thanks to all the bearish calls & PANIC selling by Fast PANIC Money "devotees"

CN Bearish Channel gets full credit to promote SHORTS & BEARS agenda on a daily basis ...this gives them "shock value ratings"......

IF S&P 500 goes ABOVE 1010...watch a "major short SQUEEZE"

GOLD Down $1.90

Oil UP 46 cents

Canadian $ UP 45 tick

VIX @ 25 Down 4.8%

Portfolio is POT,SOL,RIMM,RVBD

SOL was rated a "BUY" and added to "conviction BUY list" by Goldman Sachs....citing low cost and best positioned Solar play..... UP 18%

SOL also signed a HUGE $700 million contract with a Chinese Province.....

STP ER was a BEAT on EPS but a miss on Sales..also guiding LOWER Sales for 09......

@ 12.10 following are green in my watch list :

SOL,POT,RIMM,RVBD,GNK,GG,AAPL,SINA,GOOG,
BAC,C,ICE,LULU,CCJ,WYNN,MA,BIDU,LVS,SOHU,
GS,AMZN,ISRG,NVDA.

BLOG does NOT give buy or sell.

Saleem

4 comments:

standardshigh said...

Hi Saleem,

Nice! SOL news great! Conviction buy list by GS too! That means consistent future buyers of the stock. I still hold my SOL, maybe time to scoop up more on dips, then wait for Q4. A huge short squeeze may be coming as you said, if we keep trending up.
BDI -80 2534 heading lower
Gas ATL $2.59 regular higher

Best Regards

standardshigh said...

Hi Saleem,

Bought SOL

Doubled position

Best Regards

c said...

Hello Saleem and Standards

Having a green day today! GS up GE, DSX the oils are on fire! Get some HAL--you will not be sorry!

My CITI is hot got another 1K shares today! FNM was given a green light and should continue an upward climb--the Goverement bail out is helping them! all my .02 cents of course.

I love my old posiitn in SOL--up 14% Today!!Yahoo

Stocks100 said...

Hi Madmax & Standards,

YES..it was a nice day for all of us.....

SOL looking GOOD $$$$

Saleem