Today was extremely positive close.....as we lost .4% max on lowest volume in non-holiday trading????
Sellers are not in the mood to miss out future UP move by Indices......
Art Cashin of UBS still praying for this week as the-week for sellers taking control.....I admire him for his stubborn refusal to take part in this 51%+ move in S&P 500...& CNBC still want his WRONG opinion on a daily basis...Art must be providing"morning comical relief"...
In my portfolio :
Bought RVBD back...paid $20.25
Portfolio is POT,SOL,RIMM,RVBD
If I sell any share..I always post here ......
AH Futures are GREEN
AH Gold is UP
AH OIL is UP
AH Canadian $ is UP
AH Nikkei is UP
Must be a sign that we MAY see GREEN on Tuesday......
Strong stocks included FNM,FRE,STP,TSL,ENER,ABK,IPI.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
And Standards the market may go up today
we had a good bump in hte road.
RIMM took a beeting yesterday! Sorry
My GS did not do well looking for a break today. RIMM and GS are bargin priced.
My GE is still way over bought, IMHO
Best to all
Hi C,
Markets are in holding pattern..close should be green...
RIMM goes through these bouts of selling close to its ER...which gives a good entry point...nothing warrants this negativity.
Saleem
Hi Saleem,
If Art Cashin says it long enough, eventually he will be proved right. My prediction is the market will move up in the coming years. RIMM will hit 120, AAPL $200, GNK $45, GS $210. If AC can do it so can I. Oh! and I believe the recession will end. :)
Traders just taking profits out of RIMM.
Best Regards
Hi Standards,
I am amazed that Art Cashin has been wrong for 50% of this move UP...I do not believe anyone has been this wrong for such a long time....and he is the Director of Floor Operation for UBS....I hope none of his traders are following his deep bearish stance.....otherwise they will all go /gone to poor house......
I have better take on some of your targets...AAPL $300,RIMM $200,GS $400....all in next 12 months....
Saleem
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