Monday, September 28, 2009

BLOG suspended for @ least 1 week...

My health issues are forcing me to suspend BLOG updates for @ least one week.

My Doctor is back from vacation Tomorrow AM....

I MAY have to go through battery of test & hospital procedures....

In case you are wondering about my own diagnosis......it seems that I have infection in my digestive track....this has gone on for 3 weeks.......

Please pray for me and hoping that your best wishes will get me a full & speedy recovery....

Thanks for your support !!!

Saleem

Sunday, September 27, 2009

IS there anything CHANGED in markets....????

Most traders are unsettled by 3 day's of reversal in the market......

Logical question IS...what CHANGED???

First CHANGE is that we are @ elevated levels in market...which warrants correction without reason......

Second CHANGE is that there HAS been a concerted BUYING by hedge/mutual funds..which MAY be @ tail end......

Third CHANGE is that lot of traders are locking serious profit........

This HAS resulted in a S&P 500 loss of 2.45%...on a closing basis....HIGHEST close 1071.66 & Friday's close 1044.38 a loss of 26.28 points or 2.45%.....

We all know that a retracement of 3% is possible any moment.....BUT as the markets are elevated 5% MAY not be out of the question.......

BUT...there is HOPE for next 3 days....month end window dressing..which MAY take us into new HIGH territory.......

October MAY start WEAK and MAY end up DOWN 10% before October is over......that IS my GUESS....& I will be careful as to where I put my money IN......

In October Techs are most vulnerable....as they have led this rally......

Economic Data will be positive going forward...but it will be WAIT & SEE for the markets.....so end of October MAY give "another buying opportunity"

SO....how am I positioned for October???

It is in sectors which have lagged recently..Gold,Silver,Oil,Solar,AG & some tech...

I will seriously be concerned in being overweight in Techs & Financials...they MAY take the most brunt of October selling.

Good luck in your OWN strategy & ensure your comfort level with market gyrations.

BLOG does NOT give buy or sell.

Saleem

Saturday, September 26, 2009

Buy rated stocks for a "rebound"......

Following stocks are flashing a buy signal.Please do your OWN due diligence by checking FA/TA/TAPE.

CLMS,ISRG,MFE,CBAK,FRO,OXPS,HK,SABA,
MCD,RLH,MVG.

Next post by 10AM Sunday.

PS....In case you noticed that some of my post were late....I was extremely "unhealthy & hurting" since Sunday.....getting bit better since Friday....still honoured my BLOG commitment.

BLOG does NOT give buy or sell.

Saleem

Friday, September 25, 2009

Pullbacks comes in sequence of THREE day's.....???

Markets were doing a normal pullback & did NOT break down despite MANY negative economic & earnings reports...

RSI in S&P 500 closed @ 54.39....an attractive level for new position......

Nobody knows where markets will go in any trading session...but we do know "attractive perimeters" based on RSI......

Some traders fight for the last $ on the UP side & others wants to buy below LOWS????

I tend to gauge the market FIRST...then position accordingly.......

RIMM had 88.82 million shares traded......which is the-highest shares traded since Jan......

VIX closed @ 25.61 UP 2.65%...NOT predicting FEAR????

BY 10 AM Saturday..I will list buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

Market looks "oversold"

We had 3 days of relentless selling where internals were way weaker than closing numbers...yesterday Down volume led almost 10 to 1.....

Looks like S&P 500 wants to make a stand above 1035...which will be good for bulls...Currently we are down 3.5% from absolute high of 1080.15...RSI is 53.83...a buy zone


Oil Down 30 cents

Gold Down $10.80

Canadian $ Down 30 Tick

Portfolio is GSS,HL,SOL,COMS,MRVL,POT,HOU.TO...

@12.32 following are green :

GSS,LSI,FMCN,CTRN,WYNN,LVS,VLO,
SPWRA,FSLR,ISRG,SNE,SINA,PALM.

RIMM got many downgrades including GS which went from conviction buy to neutral with a target of $73 from $96

BLOG does NOT give buy or sell.

Saleem

Thursday, September 24, 2009

Another day of pullback.....

Markets are retreating from overbought conditions......

All indices are selling off & closing near lows of the day......

RIMM'S poor ER will put more pressure on Nasdaq...but it MAY result in finding support....

RSI on indices are as follows :

S&P 57.86

Dow 59.99

Nasdaq 61.44

AH Futures are RED

AH All Asian Indices are Down

AH Oil is UP

BLOG does NOT give buy or sell.

Saleem

RIMM ER huge miss...

RIMM is reporting 83 cents vs consensus of $1......HUGE miss

Revenue was $3.53 Billion vs consensus of $3.63 billion.....another miss...

Guidance also lower than consensus missing on Sales & EPS also....

BLOG does NOT give buy or sell.

Saleem

Markets trying to find support.....

All indices are trying to hold their low of the day......there is a good chance that we may find support near lows.....

Markets were elevated & had touched 76+ in RSI yesterday...so a reversal WAS in order.....

GOLD Down $6.90

OIL Down $2.57

Canadian $ Down 1 full cent..in sympathy with Oil....

Portfolio is GSS,HL,COMS,MRVL,SOL,POT,HOU.TO

COMS ER this AM was a BEAT in top & bottom line.....

@12.16 following are green :

COMS,C,TKC,SNE....

BLOG does NOT give buy or sell.

Saleem

Wednesday, September 23, 2009

Pullback was necessary......

All indices closed near low of the day after reversing from HIGHS.....

Internals were weaker than close....

RSI reading on all indices improved to healthy level from FROTHY......

S&P 500 63.83

Dow 63.19

Nasdaq 69.10

In my portfolio :

Bought MRVL..paid $16.31

Portfolio is GSS,HL,HOU.TO,COMS,MRVL,POT,SOL.....

I am 75% invested.....

AH Futures are GREEN

VIX closed @23.49 UP 1.78%

RIMM reports AH..expecting BEAT & Guide UP......

BLOG does NOT give buy or sell.

Saleem

ALL Indices Green AGAIN...NICE !!!!

Markets were going through TYPICAL fed day downdraft and then find reasons to go green.....expect MAJOR volatility @ 2.15 PM which MAY continue till 330PM.....

Gold Down $5.50

OIL Down $2.75

Canadian $ Down 24 tick as Deputy Governor of Canadian Central Bank is talking Canadian $ Down AGAIN.......

In My portfolio :

Bought back POT covered write @ $2.70...net profit of $2.30 per share.....

Bought HOU.TO..a double bull in Nymex crude..paid $8.08

Portfolio is GSS,HL,SOL,POT,HOU.TO,COMS......

@ 12.19 following are green :

RIMM(short covering by Cramer cronies & BREAKOUT),AAPL,
SOL,COMS,MRVL,SINA,FMCN,NTES,CTRN,BIDU,SOHU,CMED,
ISRG,GS,GOOG,RVBD.

BLOG does NOT give buy or sell.

Saleem

Tuesday, September 22, 2009

Nasdaq @ highest close of 09.....

Nasdaq closed @ the highest point of 09.......

Internals of Nasdaq are forcing me to RETHINK my strategy......

Here is the stat on the day of highest close :

UP volume 400 vs Down volume of 332

Advancing stocks led by 1506 to Declining volume of 1148

Nasdaq was UP the least of major indices.....

New 52 wk high 146.....

NOT a very convincing TAPE on Nasdaq.....which has led this market recovery.....

So i have REDUCED my exposure to market by 35% in AH...

Sold RIMM AH to book a GAIN of $5++++per share

This is just for my comfort level and my personal take of the TAPE.....

Who knows..we MAY still go in overdrive for month end..BUT it MAY be DICEY in the meantime......

I intentionally posted after AH closed..because I do NOT want to influence anyone with my reduced exposure......

AH Futures are RED

AH OIL is RED....

AH Gold UP

AH Silver UP

BLOG does NOT give buy or sell.

Saleem

Indices UP from .55% to .80%...NICE !!!

Higher HIGHS are the NORM again.....

MANY watch in horror from sidelines or are SHORT in this biggest bull run.....

TAPE is telling us that we are still going HIGHER.....

Shorts are learning the hard way..... that you cannot fight the TREND.....

TREND has been UP since early JULY.......

Gold UP $12.80

Silver UP 30 cents

OIL UP $1.74

Canadian $ UP 87 tick to 93.68 cent US for 1 CAD.....near HIGHS.....

VIX @ 23.17 Down 3.7%.....

Portfolio is COMS,GSS,HL,POT,SOL,RIMM,......POT is below $95..which is where i wrote covered call.....

@12.12 following are green :

POT,RIMM,HL,GSS,SOL,GG,SLW,AAPL,IPI,
NTES,AMZN,PALM,GS,MA,V,SU,IAG,FMCN,
CIT,KGC,C,WYNN,ABX,CMED,VLO,FSLR,FWLT,TSL.

BLOG does NOT give buy or sell.

Saleem

Monday, September 21, 2009

Indices were +.24% to <.42%>....that is NO correction !!!!!

So bears were all excited to witness their first day in the sun in a long long time....BUT that hope was just that..a hope that never comes true for bear.....

Adami was charged up for drop of 200 points in the Dow...well he missed that number by 159 points.....

Art Cashin was all set to prove to the world that he will right for once....BUT that is not in the cards either....

Joe Terranova was extremely sheepish about his bad bearish bets.....

Jimmy the Cramer is "really getting worried about his short thesis on RIMM"..his short buddies must be doing something for him to be negative about RIMM for the last 2 months on a daily basis.....I am sure him & his short buddies will be "tasered by RIMM Thursday AH"

SO..we did not go down even today when commodities were taking it on the chin & oil was in freefall....even Gold & Silver were weak...US$ was strong......a thesis by Cashin that IF US$ is UP stocks will go DOWN.....so what happened???

What IS happening that FUNDAMENTALS of worldwide economy is getting stronger...thus confidence in INVESTING not trading.....

Most under-invested hedge/mutual funds are allocating cash to stocks.....

BEARS have been harping on BDI????...i almost feel like saying..WHAT is that...never paid attention to BDI rates as an indication of stock market trends.....only time BDI was ever in focus was the built UP to 888 Olympics......??? so please leave this BOGUS BDI alone... they are indicator of nothing as far as economic activity is concerned.....too many ships & too many weak operators...results in dirt cheap BDI rates......

AH Futures are mixed.....

AH Oil is UP

AH Gold is UP

AH CAD is UP

Based on today's tape..expecting a GREEN close on Tuesday....

BLOG does NOT give buy or sell.

Saleem

Nasdaq GREEN...where is the CORRECTION???

Market is proving "bearish sentiment" as too early.....

Indices will only pull back when it gets "overbought"..

Q3 end of the month buying is very much @ play..so do NOT get in the way..unless you are positioning to lose money......

I hope Joe Casanova of Fast Money did not do any bearish bet on QID......then he will claim i got stopped out again.....

US$ is staging a "technical rebound"..do not know how long it will last..maybe for morning only...as most currency & commodities are staging a comeback already.....

Gold Down $6 to $1003.20

Oil Down $2.36 to $69.68

Canadian $ Down 72 tick.....

Portfolio is COMS,GSS,HL,SOL,RIMM,POT......POT is taking a $5 hit so hopefully my covered call will expire worthless and i will keep the stock......

@12.11 following are green :

RIMM,FMCN,CIT,FNM,C,BRCD,TKC,CTRN,
WYNN,SOHU,CMED,ISRG,AMZN,GE,PALM,
GOOG,NDN,V,NVDA,RVBD,TSL.

BLOG does NOT give buy or sell.

Saleem

Saturday, September 19, 2009

When markets do not correct...take notice !!!!!

This market is defying many skeptics for many months now........

Many famous names are losing credibility with their thesis of this market .....

I am amazed that all of the critic of this market are well known "technicians"...

Robert Prechter famous for Elliott Wave theory MAY be discovering a SIXTH wave which is an F cycle...means FAILURE to see the chart direction......he panicked @ 1000 in S&P 500 & called for CRASH in markets back on Aug 5th...based on Friday's close of 1068.30......not only we did not go below March low as he was predicting BUT we went UP another 6.8%......so far.....

So we have many pundits who are in a "crash & burn" mode because of their bearish take for a long long time.....while markets keep going UP......

Now we have 5 minute traders on Fast Panic Money who are predicting that we are going down fast & have made many bearish bets.....I never thought that Joe,Adami had any credibility when it comes to market or stock prediction......they get stopped out every second......

Even a technician on Fast panic money saying that we are going down...based on WHAT...it is never articulated...another OPINION with no supporting thesis......

Art non Cashin is getting "blue in the face" with his WILD prediction of daily market crash.....

So...why Prechter,Rosenberg,Kass,Cashin,Adami,Joe & many other Joes are being proven WRONG?????

They are all trying to "tell the market what to do" INSTEAD of following the TAPE......TAPE has been very strong for months now.......

This TAPE is extremely "orderly" moving in a sustained manner....NO real EUPHORIA setting IN.....as MORE & MORE traders get SCARED of this TAPE......

Because so many traders are scared of this tape there is lot of pent UP buying waiting & waiting.....some actually start to nibble as market refuse to go Down........

RSI reading as of Friday's close are as follows :

S&P 500 71.52

Nasdaq 72.75

Dow 71.68

As I have said many times that we did go to 76+ before and we MAY touch 80+ before any correction MAY set in.....

BUT one needs to monitor 76+ in RSI to make some defensive bets...like writing covered call or locking profit......

As September is end of Q3.....I am expecting major BUYING by hedge funds/mutual funds to put cash to work.....so markets MAY go in overdrive before September is over......

SO..we have another 8 trading days of buying pressure..which MAY take S&P 500 to 1100 to 1150 area easily......

Now the question is ...how to position for this "buying frenzy" & then a correction.....

For that you have to understand market first & then your stocks...some stocks may correct more than pullback.....

Finally...you have to ask as a trader..do you fight for the last $ or book profit NOW......

Again... we live in interesting time in markets.....

This is the-most strong TAPE i have ever seen!!!!!

BLOG does NOT give buy or sell.

Saleem

BUY rated stocks .....

Following stocks are flashing buy signal.Please do your OWN due diligence by checking FA/TA/TAPE & your comfort level with the market.

PIR,AUY,HOTT,FEED,NTRI,NUE,ELOS,BA,
ARNA,SDTH,SIMO,ZRAN,RHT,WX,TKC,MCD,
JOSB,AZO,MR,MFC.

Next post by Saturday evening..as I will be celebrating the end of holy month of Ramadhan with my friends on Sunday whole day.

BLOG does NOT give buy or sell.

Saleem

Friday, September 18, 2009

Another strong week for Indices.....NICE !!!!

Markets are scaring many traders with its daily Higher close......

Internals were in-line with close.....

POT lowered Q3 guidance to low end of guidance.....which is 80 cents

Full year 09 lowered to $3.25 to $3.75......

POT predicting strong 2010 sales.....AH POT Down 3.91% on AH volume of 192,839....

Strong stocks included RIMM,POT,CMED,ISRG,GS,MA,SNDK,TSL,LRCX.....

By 10 AM Saturday ..i will list buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

DOW is GREEN on Option Expiry.....NICE !!!!

Dow is GREEN which is very comforting to see on Option Expiry day......

Other Indices are either side of close.....currently slightly RED.....

OIL Down 55 cents to $71.92

GOLD Down 30 cents to $1012

Canadian $ Down 42 tick even though that Canadian Govt survived & economic reports were very strong...

Portfolio is COMS,GSS,HL,SOL,RIMM...POT still 90 cents higher than my strike price of $95...

@ 12.06 following are GREEN :

RIMM,AAPL,IPI,STP,CMED,ISRG,MA,RCI,AMTD,NDAQ,
CTRN,TKC,ICE,FSLR,SPWRA,SNE,FWLT.

BLOG does NOT give buy or sell.

Saleem

Thursday, September 17, 2009

Indices barely budged from HIGHS....NICE !!!!

Indices were down from .08% to .31%.....which is very impressive considering we have come a long way from 666 in S&P 500.....

Internals were weaker than closing numbers as listed below :

Down volume led by 9 to 5 in NYSE & 4 to 2 in Nasdaq

Declining stocks led by 17 to 13 in NYSE & almost even in Nasdaq

New Highs remains impressive 271 in NYSE & 144 in Nasdaq.....

So..what is the take away from today's number......Friday's close will be a better indicator about the strength of this market...a down close on Friday may not be such a bad thing.....market needs to catch its breadth for few days......

AH PALM ER was better than expected especially PRE sales numbers were a blowout......PALM is guiding lower in sales & announced a secondary of 16 million shares.......PALM Down AH 2.98% on a AH volume of 2.26 million.

About my strategy going forward...i feel pretty good after doing a covered write on POT..which gave me $5 per share already and have until October the 16th to figure out what to do about my covered write......also sold my odd lot of POT @ $97.02 & got $95 valuation on my covered position.....

I will be holding RIMM going into ER next Thursday...as I feel pretty confident that RIMM will BEAT & will guide HIGHER than consensus.......

About my other position...I feel pretty confident that Gold & Silver will outperform while market MAY correct......

AH Futures are RED...

AH Nikkei is Down 1.39%

AH Gold is UP 80 cents

AH Silver is UP 3.5 cents

AH crude is Down 17 cents

BLOG does NOT give buy or sell.

Saleem

Market flat after huge RUNUP.......

Markets are marking time to digest gains and Friday's Option Expiry.....

MM are having fun day with both long & shorts by gapping UP or DOWN many equities.....

Gold UP 60 cents

Oil UP 28 cents

Canadian $ UP 23 tick to almost NEW yearly high.....

In my Portfolio:

Bought COMS @ $4.79.....a networking company

Bought 70% more HL paid $4.87...cost went UP to $4.45

Portfolio is COMS,GSS,HL,SOL,RIMM......POT will be called as it is sharply UP......

@ 12.23 following are GREEN:

POT,AAPL,IPI,SOL,SINA,RCI,NTES,BAC,C,
ICE,NDAQ,MA,LVS,NYX,VLO,FSLR,SPWRA,
GS,FWLT,GNK,RVBD,AGU.

BLOG does NOT give buy or sell.

Saleem

Wednesday, September 16, 2009

Another super strong finish...NICE !!!!

Another day another strong close with gains upto 2%...

Volume was very heavy....

Market internals were stronger than close...

New 52 wk Highs expanded big time 340 in NYSE & 147 in Nasdaq....

Gold closed @ all time HIGH...yes it did....intraday was higher before but close was lower than today......

Canadian $ closed @ its highest level in almost a year 93.91 cents US for 1 CAD......

SO...where we go from here ???

Here is the RSI numbers for indices after close :

Dow 71.03

Nasdaq 74.01

S&P 500 72.89

Last time RSI went to 76+ area before correction........in all indices......

So take it for whatever its worth.....

I have started my defensive strategy already as I sold covered call in POT....Oct $95..I got $5...so IF called I make $4.50 per share......

I DO have selling strategy in my entire position.....which MAY be done by Friday......

Good luck in your OWN comfort level......I am making decision based on my OWN comfort level....

Like others..I have NO clue where this market is heading...BUT locking profit seems to be IMPORTANT for me.

BLOG does NOT give buy or sell.

Saleem

Higher HIGHS AGAIN.....NICE !!!!

Indices are making new 09 HIGHS.......

GOLD UP $11.90 to $1016.90

Silver UP 40 cents to $17.40

OIL UP $1.00 to $71.93

Canadian $ @ new HIGH of 93.80 against US$ UP 50 tick...

In my portfolio :

Added 40% more HL @ $4.90 overall cost went UP to $4.14

Portfolio is GSS,HL,POT,SOL,RIMM.....

Most stocks are UP......

BLOG does NOT give buy or sell.

Saleem

Tuesday, September 15, 2009

Another strong close on HIGH volume...NICE !!!

Markets are relentless in moving UP gradually........

Volume picked UP today in all indices...suggesting that some well known bears are covering their shorts.....before they lose their own short........

Bears must not be happy @ all...i guess they all need to give 10 more TV interviews to tell everyone how their short position has MERIT.... convince @ least 1 listener to PANIC........what they FAIL to understand that traders/investors are SMARTER than BEARS.....they know that this IS a very STRONG tape.......

52 week HIGHS took another leap UP to 221 in NYSE & 112 in Nasdaq......

RSI in major indices are as follows @ close :

S&P 500 68.52

Dow 67.13

Nasdaq 70.31

Above numbers are NOT overbought reading.....80+ IS

AH Futures are MIXED

AH Nikkei is UP 1.09%

AH Gold is UP $3.70 to $1010.00

AH Silver is UP 10 cents to $17.10

Canadian $ closed @ highest level in 11 months against US$..it takes 93.34 cents US for 1 CAD...

Many stocks were in "bull mode" like POT,RIMM,AAPL,BIDU,AGU,IBN,GG,SLW,HL,GSS,
TSL,AUY,SPWRA,SOHU,JASO,X......

This Option Expiry COULD be a big trouble for naked call writers...it could be a financial disaster for them & put buyers?????

BLOG does NOT give buy or sell.

Saleem

Higher HIGHS daily....NICE !!!!

Another day another 09 HIGHS.......

Fed saying recession is history......

TAPE is very strong & wants to go HIGHER......

IF you are waiting for BARGAIN...forget it.....

In any bull market you want to buy "higher HIGHS"

OLD strategy needs to be put away for good......

This is NOT 08 TAPE......it is 09 TAPE and should get on with 09 program?????

Gold UP $2.30 to $1002.20
IAG CEO is predicting today that Gold @ $1200 this year...I am glad he is agreeing with my number which I gave several days back???

OIL up 23 cents to $69.09

Canadian $ UP 57 tick to 92.86..getting close to recent HIGH...Canadian govt will NOT fall this Friday as another party will give support......

Portfolio is GSS,HL,POT,SOL,RIMM......

Most stocks are UP.......

BLOG does NOT give buy or sell.

Saleem

Monday, September 14, 2009

Highest 09 close for S&P 500 & Nasdaq..AGAIN !!!!

Market @ open faced many negatives like :

China US trade war......

Negative article about market FROTH in Barrons by David Rosenberg over the weekend....

Doug Kass had a five page negative article about market valuation in street.com this morning...

LEH collapse was played UP in CNBC for fear mongering & ratings.....

All these were MEANT to TRIP this market LOWER AGAIN".....

SO...what do we do by close ????

WE make new 09 HIGHS.......

It is almost predictable when BEARS as a group try HARDER to bring this market DOWN...we will keep going HIGHER......

RIMM had a "bullish triangle BREAKOUT" target now is $113 by www.stockcharts.com
www.stockconsultant.com has a breakout point @ $86.90 with a trading target of $101.10

Strong stocks included RIMM,AAPL,PALM,GE,BIDU,GS,GNK,AMCC,FMCN,ICE.....

VIX closed lower @ 23.86 down 1.2%

AH Futures are RED

AH Nikkei is UP .74%

AH Oil is UP 20 cents

AH Gold is UP $1 to $1002.10

CAD UP

BLOG does NOT give buy or sell.

Saleem

Indices Down from .11% to .25%......WHERE IS the correction????

I am sure Aunt Clara is shouting "where is the....correction"

We are barely down in major indices......

There seems to be "no break for bears"

Hang Seng & Nikkei weak overnight..BUT Shanghai was UP 1.24%

Gold Down $3.90 to $1001

Oil Down 59 cents to $68.70

Canadian $ Down 67 tick...parliament voting this week IF government stays in power...

Portfolio is HL,GSS,POT,SOL,RIMM......
POT was downgraded by C target reduced to $98 from $115...

@ 12.09 following are green :

RIMM,HL,AAPL,ETFC,TLM,FMCN,GNK,
BRCD,JRCC,WYNN,BIDU,LVS,ISRG,VAR,
GE,PALM,GOOG,V,NDN,SU.

BLOG does NOT give buy or sell.

Saleem

Saturday, September 12, 2009

WHY..this market is proving MANY pundits WRONG ????

There is an army of prominent names who are taken as "experts" are calling for major crash since JUNE.......

Among the most vocal critic of this market are/has been ...

Robert Prechter who told all his PAID subscribers on Aug 5th.... that S&P 500 is going below 666 and told everyone to load up in US$.....
Anyone with any market exposure will know that it was a BAD call on both front..Market IS @ new HIGH by Sep 11th & US$ is in FREEFALL......

Dr Nouriel Roubini has been predicting major W in economy since March and saw NOTHING good happening...NOW he has CHANGED his tune to a U shaped recovery......which IS like saying I had no idea what I was "talking about since March on CNBC & other EAGER seekers"

David Rosenberg has done a good job as an economist for 08..NOW he is trying to branch out as a market TIMER and is predicting 840 in S&P 500 by Oct 09......this DIRE prediction came in August also.....so he is eating CROW so far big time.

Art non-Cashin has been bad mouthing this rally every day since march LOW.....so who followed his daily call in any shape size or form..is BLEEDING....

Guy Adami who PANICS on every minor down day and has been calling for 905 in S&P 500 for months..so if you allowed him to check your enthusiasm...you are HURTING....

Doug Kass came in early August saying that we are going Down Down DOWN.....well he has been WRONG for almost 30 days...

Doug Cliggott has called for bear market for the last 10 years when we had roaring BULL....so I am GLAD you do NOT take him SERIOUSLY.......

Carter Worth has been SHAKING in his analytical conclusions since we HIT 900 in S&P 500..he has been EVASIVE @ best and pushing LAGGARDS since then.....

NOW...you KNOW ...WHY this market has LEGS.......a strong leg.....which IS not TIRED @ all....

Every day there is a call on CNBC that we are going below 666 in S&P 500......I am NOT sure IF these people have LOST it all...in their ANALYTICAL faculty...?????

Market IS going UP because of MAJOR improvement in the fundamentals of WORLD economy...from China to India to Canada..things are looking UP.....Europe & US are not far behind......

This is an EXACT opposite scenario of Oct 07......where we started to slump in economic picture and markets were showing in their DOWNWARD direction...all the way to March of 09.. an 18 months of downward spiral...where we lost from almost 1550 area in S&P (incidentally that was a new all time HIGH) to a 12 year LOW of 666....a stunning erosion of 12 year equity of 57%....

NOW...since March of 09...market is telling us that we ARE repairing the damage caused by financial mess & abuse .......

Because of markets ABILITY to project the future..we ARE climbing back UP slowly but surely......so far we have RECOUPED 376 S&P points from a loss of about 884 points......in other words we have to RECOUP another 508 S&P points before we go back to October of 07.......

As I am a follower of market TAPE...I see nothing in horizon to change my OPTIMISTIC view of economy or markets......

YES...when we hit RSI 80+ we should pullback & find support which should be in 3% to 7% pullback range......sometimes markets CAN even hit RSI 90 before pulling back......

Since we have HORDES of SKEPTICS ...this rally has the POTENTIAL of going HIGHER & FARTHER .......

How FAR????

http://www.stockcharts.com/ has some idea????

They are predicting that :

S&P 500 target 1295......we closed @ 1042.73..so a potential gain of 252.27 or +24.19%
RSI is 65.51...which is a healthy number NOT overbought.

This sure BEATS money market account by a wide ratio......

&.... how about GOLD.......????

Sorry Robert Prechter..he was also BEARISH on GOLD back in early Aug......some track record for a GENIUS...TRIPLE WHAMMY.....

Gold is already @ 18 months HIGH.......

18 months HIGH do NOT happens by accident...this IS a major technical BREAKOUT.....$1200 is here short term....

Junior Gold stocks SHOULD outperform seniors..based on history.......

So relax & plan your strategy based on your OWN comfort level.....IF you feel you have made enough money and wants to go to sidelines...go ahead & do that......

I will keep monitoring the TAPE & see how it goes on a daily basis.

IF I sell my major positions...I will post in real time.

BLOG does NOT give buy or sell.

Saleem

BUY rated stocks for " New 09 HIGHS" !!!

Following stocks are flashing a buy signal.Please do your OWN due diligence by checking FA/TA/TAPE.

SU,NXY,MFC,DRYS,CEO,COMS,SOHU,RIG,CHK,
MIPS,PLA,AKAM,AMTD,GOOG,RVBD,TSCM,
AA,CHU,HST,JCP,KWK,PCX,TRA,X,XTO,NGD,
PAL,ADSK,CNTY,HXL,SNE,PDC,TGB.

Next post by 10AM Sunday.

BLOG does NOT give buy or sell.

Saleem

Friday, September 11, 2009

Almost flat close after series of new HIGHS...NICE !!!!

Market needed a breather after hitting series of 09 HIGHS & 11 month highest close.....

Market internals were slightly negative.....

New 52 wk high list was strong even today.....

Gold was the Superstar today closing well into $1000..closed @ $1007.40

Silver also hit new yearly high closing @ $16.77

Volume stayed high ......

By 10 AM Saturday I will list buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

Profit taking after sharp RUNUP.......

Market are in profit taking mode after sharp RUNUP.......

All the economic news from China was super-bullish..but we have come along far in this RUNUP..

Market needs to catch its breadth..which is what is happening today......

Fundamentals are in place for much higher move in the indices a year out......

Sideways to down for few day's will be healthy......

GOLD UP $14.60 to $1010

Oil Down $1.22 to $70.72

Canadian $ UP 12 tick

Portfolio is GSS,HL,POT,SOL,RIMM

@ 12.35 following are green in my watch list :

POT,GSS,HL,SLW,GG,TLM,EBAY,LULU,WYNN,
LVS,GS.....

BLOG does NOT give buy or sell.

Saleem

Thursday, September 10, 2009

All Indices reached new 09 HIGHS...NICE !!!!

Markets are working their way towards new 52 week HIGH.....

Today all indices reached new 09 highs which meant 10 month or 11 month highs.....

Internals were strong again...better than closing numbers...

New 52 wk high list further expanded in NYSE 169 & 115 Nasdaq.....new low disappeared from NYSE & only 5 in Nasdaq....

Markets have been foretelling improving economic data worldwide......

Bears are completely "demoralized"

Even Confusing Negative Bearish Channel is giving bears minimum time now..as IF they have been JOLTED out of their lack of judgement and being BLIND to the market forces...some of the CNBC host actually went to business school & have worked as traders??......

We should get a "blow off stage of this rally" when even bears join the party.....

RSI in major indices after close are as follows :

Dow 65.53

S&P 500 66.33

Nasdaq 68.22

Please keep in mind that last high for RSI was 76 area before we got serious selling.....so always have a "selling strategy" for traders when we get overbought......

VIX was Down 3.17% @ 23.55

AH Futures are RED

AH Nikkei is small RED

AH Shanghai is GREEN

AH Gold is UP

AH Silver is UP

Most sectors participated in this rally with many stocks hitting 52 wk HIGHS...sign of MAJOR technical strength......

BLOG does NOT give buy or sell.

Saleem

Nasdaq @ new HIGH of 09 AGAIN....!!!!

All Indices are GREEN again.......

Nasdaq @ new 09 HIGH again....

S&P 500 almost ready to make new 09 high....

Oil UP 9 cent to $71.40

Gold Down $2.30 to $993...basing just below $1000 to make another RUN above $1k.....most Gold stocks are UP which is leading indicator of higher gold prices to come.....sometimes bullion leads sometimes stocks lead....

Canadian $ down 7 tick...Bank of Canada keeping interest rate outlook unchanged and revising 2nd half of 09 GROWTH @ higher clip.....expressed concern @ high Canadian $ which may interfere with revised higher growth in GDP.....

Portfolio GSS,HL,POT,SOL,RIMM

@ 12.17 following are GREEN in my watch list :

HL,GSS,SOL,RIMM,TSL,SLW,GG,AEM,
IAG,LULU,IGT,BIDU,AUY,GS,FWLT,
AMZN,ISRG,SU,EBAY.

BLOG does NOT give buy or sell.

Saleem

Wednesday, September 9, 2009

Nasdaq Highest 09 close.....NICE !!!!

Nasdaq ,S&P 500 & NYSE are leading the charge towards new 09 highest close......

Highest close is very significant from technical point of view & bodes well for DJIA to catch UP...

Internals of the markets were stronger than closing numbers would indicate.....here is the closing analysis for today :

UP volume led by 2.01 to 1 in NYSE & 4.12 to 1 in Nasdaq

Advancing stocks led by 2.61 to 1 in NYSE & 2.50 to 1 in Nasdaq

New 52 wk high 157 in NYSE & 94 in Nasdaq

New 52 wk lows were 1 in NYSE & 5 in Nasdaq

Strength of this market is clearly evident IF you dig deeper......

AH Futures are GREEN in S&P 500 & Dow but RED in Nasdaq

AH Nikkei is UP 174 points or 1.69%

AH Oil is UP

VIX closed Down 5.07% @ 24.32

AH TXN & SWKS increased their guidance on stronger demand......

Strong stocks included SINA,NTES,AMZN,IBN,ISRG,GOOG,BIDU,MA,
GS,GRMN,LRCX,EBAY,WFR,SOHU,X,KLAC....

BLOG does NOT give buy or sell.

Saleem

"Message of the market" on 999.....HIGHER !!!!!

We are celebrating 9th month on 9th day in year 09 with "message of the market" is UP.......

Nasdaq has moved into new 09 HIGH today...higher highs in one indice begets new highs in other indices.....S&P 500 & Dow are next in-line.....

As traders/hedge funds/institutions WAIT for markets to pullback...we keep defying gravity..

Art non-Cashin has promised that TODAY "is the day"...whatever that means.....i am sure Joe Kiernan is "all excited about a new revelation on Thursday before open"

Gold is UP $2.30 to $1000.20

Oil is UP $1.18

Canadian $ is UP 14 tick as construction activity came in better than expected.....

In my portfolio :

Bought HL..a Silver producer based in US.....paid $3.77

Portfolio is GSS,HL,POT,SOL,RIMM.....

@ 12.17 following are GREEN:

POT,SOL,HL,GSS,GNK,TLM,EBAY,AAPL,JNPR,
SINA,NTES,BRCD,CTRN,LULU,WYNN,MA,BIDU,
LVS,SOHU,CMED,SPWRA,FSLR,ISRG,GS,VAR,IBN,
AGU,GOOG,PMCS.

BLOG does NOT give buy or sell.

Saleem

Tuesday, September 8, 2009

All Indices closed near HIGH of the day...NICE !!!!

US markets were subjected to profit taking whole day as many traders are getting nervous about losing their profit.......

By close all indices closed near high of the day on heavier volume...which IS a good thing.....

Internals were strong & new 52 week high list expanded today....

This market HAS the feel of another UP move @ hand......

The sign of a bull market IS that new sectors makes new HIGHS..like Gold ,Silver,Copper

Solar came to life today and went UP with major % UP move......

All leading stocks were UP like AAPL,RIMM,POT,GS..which is a sign of strong leadership in market....

AH Futures are mixed...

AH Nikkei is barely RED....

AH Gold is trading above $1000 to $1002..which should lit fire in Gold stocks...

AH Silver is UP .97%..double of Gold

AH CAD is UP......

Market is going UP because too many traders are expecting a pullback...I have a feeling that market will make new HIGHS right into option expiry next week.....because market NEVER follows the same pattern of OE......

BLOG does NOT give buy or sell.

Saleem

Indices staying GREEN.....NICE !!!!

Market were ready to take off after two days of gains in worldwide markets......

Initial euphoria was met by strong selling pressure..which still persists......

Gold blew past $1000......

Currently Gold in Cash market is @ $1002.70 UP $7.80

Oil UP $3.36 to $71.38

Canadian $ UP 85 tick...it was as high as 1.5 cents .....

Portfolio is GSS,POT,SOL,RIMM.....

Most stocks are UP except Gold stocks are RED.......

VIX is UP 2.41%????

BLOG does NOT give buy or sell.

Saleem

Sunday, September 6, 2009

What is a "reasonable target for indices"????

We have ended another week where bears came out of wood work & predicted a guaranteed collapse of this market to 905 area for sure......

CNBC or "Negative Business Channel" was "drooling" with many downside targets going all the way Down to 840....& they all had their "analytical skill behind those downside numbers"

So what happened to those "recorded in-your face DAILY downside numbers".......I am sure Robert Prechter,Art non-Cashin,Guy Adami ,Doug Cliggott,Roubini & David Rosenberg are PRETENDING to be RIGHT when they are alway's WRONG......it is AMAZING that they are all batting 0/100 a record I NEVER thought I will live to see...

Another interesting character in PREDICTION game is NYU economist Mr Roubini who WAS insisting on W shape recovery..while WORLDWIDE Data was CONFIRMING gradual improvement in world economy.......Actually showing GDP growth in China,India,Canada ALREADY.......which Mr Roubini was ADAMANT that none of this IS possible @ all.......

NOW....after being PROVEN WRONG...Mr Roubini was FORCED to change his TUNE...NOW he is RELUCTANTLY admitting to U shape recovery......which less known soul like ME has been PREDICTING worldwide "improving data for months"

So......one economic bear has bite the dust......

Now Mr Rosenberg is the next one to "show his White Flag of surrender"...he is predicting 2% GROWTH in US GDP in 2010.....which IS a good thing to begin with.....so IF he believes his OWN 2% GDP growth number in US..then WHY he IS insisting on S&P 840 by October....SO in next 17 trading days Mr Rosenberg is predicting a daily drop of 10.35 points in S&P 500.....or a drop of 176 points or a drop of 17.32% in 17 trading days.....he was very CONFIDENT of this SHARP & SUDDEN drop?????

SO IF you believe Mr Rosenberg as the best "Market Timer of this century"...Go ahead & SHORT the dickens of this market & be a multi-millionaire in 17 trading days......only on CNBC you get to hear "ways of making instant millions"

BUT...BUT...BUT...David Rosenberg is an economist who is NOT known for Market Prediction...economist are generally WRONG in their OWN arena of economic STAT..which IS evident DAILY with release of any US economic numbers...David is part of that consensus of WRONG numbers......

NOW that you KNOW that so many "so-called Market Timers are getting this market WRONG...the chances of an economist getting it RIGHT is almost 0%"

SO...where do I (small time Blogger) think where we are headed after 5 weeks of PAUSE......???we have been above 1000 in S&P 500 since beginning of Aug.....& have been basing for about 5 weeks.....First low was 980 area & then we made a HIGHER low of 991 area......good technicians will KNOW that it is a bullish trend......HIGHER highs & HIGHER lows.....technical 101.....

BUT...Many are STUBBORN in NOT participating in this UPTREND as they are TRYING to tell the market "What to DO".......NEVER happens.....Market NEVER satisfies anybody either BULL or BEAR.......

Market alway's marches to its OWN RHYTHM......

So..it IS important to catch the RHYTHM of this market......

Many of us have learned "NOT to fight the TAPE"

Trend is your Friend...is an old RELIABLE theme to stick with.....

It is IMPORTANT to "see your OWN mistakes in challenging this market TAPE"

TAPE never LIES.......

After all the analysis which I continuously do on an HOURLY basis...here is my target for next 12 months :

S&P 500 1200.....a further move UP of 184 points or 18.1%

Yes there will be pullbacks of 3% to 7% but in an ascending pattern..so you MAY gain 18% and face a pullback of 7%..net net GAIN of 11%......try getting that gain in your cash account....

Gold is also all set to ZOOM past $1000???? because of upcoming economic GROWTH worldwide......Gold is "slightly above Feb 08" a long base building of 18 months......I can safely say $1200......then all EPS of gold stocks will ZOOM UP......

So..it IS exciting time to be in the market.......

BUT..... IF you are worried & believe some of the doomsters I have listed above... then stay out of the market and WAIT till you are absolutely POSITIVELY comfortable.

BLOG does NOT give buy or sell.

Saleem

Saturday, September 5, 2009

BUY rated stocks for " another UPLEG" !!!

Following stocks are flashing buy signal.Please do your OWN due diligence by checking FA/TA/TAPE.

RIMM,GSS,CDE,RBY,SLW,K,PTR,NVTL,VIP,IMO,
EPI,RTP,HL,BBY,VCLK,ALTR,AMCC,CNTF,CREE,
CTRP,HMIN,KOPN,NVLS,PALM,STX,SWIR,JEF,
AGU,TLB,EGO,PAL,CIEN,HOGS,LUV,LVS.

Next post Sunday by 10AM.

Enjoy Labor day long weekend with friends & family.

BLOG does NOT give buy or sell.

Saleem

Friday, September 4, 2009

Another strong close.......

All Indices closed near HIGH of the day.......

Another week of DIRE predictions came & GONE......

NOW "genius on CNBC predicting next week as TROUBLESOME"

So..please give me more troublesome week so we can enjoy going HIGHER......

Market internals were way more stronger than close...here is the stat :

UP Volume led by 6.93 to 1 in NYSE & 7.15 to 1 in Nasdaq

Advancing stocks led by 4.24 to 1 in NYSE & 2.86 to 1 in Nasdaq

There were 98 new 52 week high in NYSE & 31 in Nasdaq......

Internals have been stronger than close 2 days in a row......sign of great technical strength...

In my portfolio :

Bought GSS a profitable Junior gold miner paid $3.14

Portfolio is GSS,POT,SOL,RIMM......

VIX closed Down 6.79% to 25.26

Next post 10 AM Saturday when I will post a list of buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

Nasdaq above 2000...NICE !!!!

Market is doing its usual thing.....keeps going UP when most traders are "worried"

Worrying has NOT been a good strategy with this market......

RSI reading is a good guide of "not to worry"

When we hit 80 in RSI in indices...then there will be "lot to worry"

Market TAPE has been very orderly & strong since early July......

All indices are UP from .76% to 1.40%.......it was NOT meant to be....as it is long weekend and everyone is GONE......this is a "blackberry world"..nobody is ever gone..IF they want to trade from beach or on the road.......

I am expecting good thing from this market when everybody is back on their desk on Tuesday..it will be fun to watch Adami long face AGAIN......Art non-Cashin should be hilarious also..looking for negatives from Ramadhan to Shanghai.....

Oil down 47 cents

Gold Down $6.60.....but Gold & silver stocks are behaving well...telling me that they want to go HIGHER.....

Canadian $ is "rocketing UP" based on Job creation & GDP growth in June...UP 1.61 cents..a huge move in a long time.....now 92.25 cents US for 1 CAD

Portfolio remains POT,SOL,RIMM......

Most stocks are UP

US Job loss was less than expected...improving economic numbers worldwide...remember we had 700k job loss back in Jan 09..NOW 216k...is this improvement or what !!!!

BLOG does NOT give buy or sell.

Saleem

Futures are UP ahead of Job loss report ???

Futures are UP in every indices ahead of jobs report?

There is CNBC version of everything IS bad 24/7 so fear is injected into retail......BUT Hedge funds are taking advantage of panic selling by retail........

Hedge funds do NOT take CNBC as a "serious investing/trading tool"they actually use it as a great contrary indicator where Fast PANIC money is a seller in close & look shell shocked with this market..almost looks out of place.....

Adami was pointing out horrible tape action in IBM which was actually GREEN as a reason for being NEGATIVE in this market???I am sure he HAS been positioned for S&P 500 @ 905 for months.....when does he actually makes money????

Canadian Job report this morning came @ stunning growth of 27,100 job GROWTH vs expectation of loss of 10,000.....by the way David Rosenberg was part of this consensus of Job loss of 10,000 to 15,000.....Economists they are a wonderful BREED...talking books all the time...so what happened in 1937......they are still fixated.....

Based on complete turnaround in Canadian Job report...Canadian $ is UP 1 full cent against US$....

SO..it is 7 minutes to US Jobs report which should be better than consensus of 225k job loss....

Do Futures know something?????

BLOG does NOT give buy or sell.

Saleem

Thursday, September 3, 2009

Market closed near HIGH of the day...NICE !!!!

Market is again proving that it IS predicting better economy by IGNORING Jobs Data FEARS...

Many "seasoned traders" must be surprised @ the resiliency of this market by not only closing in GREEN but near high of the day......

Market internals were way stronger than close...no wonder most stocks were UP....

Some of us have been preaching to "relax" with this TAPE...which IS very orderly & STRONG.....

Gold & Silver have shot UP...so be careful about your entry point....I generally do not CHASE any sector......IF i missed the move and did not participate.....so be it......

Oil,Financials are looking attractive.......

Buying @ right price IS very important ....RSI is a very good guide......

Friday is here...Jobs data will start the trend which I expect to be better than consensus of 225k...then long weekend will take hold & volume will taper off......

AH SNDA reported beat on EPS...guidance to be given @ 9 PM CC.......

AH Futures are flattish

AH Oil is UP

AH Gold is Down

AH Silver is Down

BLOG does NOT give buy or sell.

Saleem

.35% Gain in Indices.....Nice !!!!

Indices are all green.....ahead of the "much dreaded jobs report"......

Being a "market timer" in a bull market does NOT pay off.....

Market is looking ahead of any economic data....it does NOT see any "disaster looming"

It IS ironic that every trader was very patient in last year BEAR market BUT in a bull market every trader is AFRAID of each economic data..even though they are all IMPROVING.....NOT a good plan in my view.....

Even on a REACTIVE slump 33% of the stocks are UP......& if you do your OWN due diligence you may be more than OK to stay put & stay relaxed with this market......

This market IS going lot higher than any target by "panicky bulls".....Two years from NOW...the real story will come out......

ECB & OECD came out with their economic "crystal balls" and they SEE Europe & World economies improving faster than previously thought......hope Roubini & Rosenberg are paying attention????

Gold & Silver stocks are in "MAJOR bull mode" as price of Gold is UP another $15 to $993.50....it is a breakout to +++++

Junior gold & silver stocks are a better bet in this breakout....

OIL is Down 3 cents

Canadian $ is UP 10 tick against US$

Gold is predicting LOWER US$.....

Retail stocks are flying with COST in the lead

MOST stocks are UP.......

Portfolio is POT,SOL,RIMM.....

BLOG does NOT give buy or sell.

Saleem

Wednesday, September 2, 2009

S&P 500 Down 4 days in a row ????

S&P 500 is down 4 days in a row.....

What is the technical picture of S&P 500.....

Volume was low on day 4 as selling has dried up..which is a good thing !!!

Here is the digital image of S&P 500 for last four days :

Closing High 1030.98 Thursday

Closing Low 994.75 Wednesday

Points lost <36.23>

% loss <3.5%>

This fits with normal pullback of 3% which is always anticipated......

Based on Today's close of 994.75...we are still UP 49.18% from March low of 666.79......SO...if you do nothing & sit back you are doing mighty fine.....so my cheer leading is not based on FICTION...it is the TAPE.......

RSI on S&P 500 is 47.50.....oversold reading

This is NOT a market to "over-trade"....conviction with KEY position MAY not be a bad idea....

This market HAS trended UP for last 5 months straight.......being "nervous" based on CNBC "bear drum roll" has NOT worked......

TAPE is saying that economy will get better MORE than Roubini,David Rosenberg can predict.....their S&P 500 target has been exceeded by HUGE % already and MORE to come....economists are NOT expert on market cycle.....

Make sure you ARE comfortable with your OWN due diligence & stay diversified in different sectors....

AG were strong today on many notes from analyst who are trumpeting takeovers for POT,MOS & IPI....

AH Futures are almost FLAT

AH Oil is UP 31 cents

AH Gold UP

AH Silver UP

BLOG does NOT give buy or sell.

Saleem

Market digesting economic data.....

Indices are GREEN...a very good sign based on less than perfect economic data released this morning......

Market are in "no mood" to accommodate bears dream target of 905,840 or 400 in S&P 500...Adami must be "restless AGAIN"..he is batting 0-100???

When market stay UP against all predictions and history..pay attention.....

I do NOT see any PANIC selling......????

European market closed down 2,7 & 10 points only....so NO PANIC there either.....

Gold UP $19.40

Oil Down 25 cents

Canadian $ Down 8 tick......

VIX..IF you can believe it is actually DOWN 2.2%...so no PANIC there either.....

Portfolio remains POT,SOL & RIMM....

@ 12.26 following are strong in my watch list :

POT,GG,IPI,ABX,KGC,MOS,AAPL,CTRN,BIDU,LVS,FSLR,
SLW,AUY,IAG.....

BLOG does NOT give buy or sell.

Saleem

Tuesday, September 1, 2009

Worlwide "full circle" pullback in place.......

Worldwide markets are playing a common dance of pullback......here is the pullback dance number :

FTSE Down 1.82%

CAC Down 1.92%

DAX Down 2.4%

TSX ( Toronto) Down 1.64%

DOW Down 1.96%

Nasdaq Down 2%

S&P 500 Down 2.21%

AH NIKKEI Down 2.61%

Now the question IS...Is the worldwide pullback Dance OVER???

Answer could be in AH Futures which are as follows @ 8.59PM :

Dow +19.40

S&P 500 +1.31

Nasdaq Down .34

I BET you did not anticipate AH Futures to look this healthy.......

Today's selling was on heaviest volume of several weeks......which IS a good thing.....

Today all indices closed near LOWS .....which is also a good thing.....

VIX jumped 12.07% to 29.15..also a good thing......

WHY..all of the above is good......because it shows PANIC selling.....which IS mostly done & over with......

Market will RETHINK ISM numbers and will NOT want to be SHORT in IMPROVING economic picture worldwide.......

YES... I heard all those prediction of Adami of 905 & 840 by David Rosenberg...BUT they are paid to be WRONG again & again......so far they are NOT even RIGHT about today's selling...even Adami & Rosenberg were quiet on Monday?????

As I have said 3% correction CAN happen anytime.....today was a "technical selling on morning REVERSAL"

My portfolio remains POT,SOL & RIMM......

BLOG does NOT give buy or sell.

Saleem