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
19 comments:
Saleem,
So sorry to hear the bad news. I wish you a super speedy recovery so you can get back to us soon. We will stay put and wait for your coming back.
Michael
Hi Saleem,
Ok, take it easy and recover soon. The rest of us will keep the blog going.
Best Regards
Hi SALEEM
we will all pray for a speedy recovery
we will add comments to blog as appropriate
Best
Saleem,
My prayers are with you for a full and speedy recovery! charlie
Hi All,
A buy program kicked into high gear at 8:30 this morning pushing the Dow up +100 points within an hour. Now it has leveled off and is beginning to decline as additional follow thru is not happening.
Best Regards
my prayers are with you and your family, hope you recover soon.
Stay strong Saleem.
Hello to all
the market did very well on low volume
lots of buys and Fast Money is still waiting for a correction
Be cautious hear
C
Saleem and Board
BDI rates are up"Baltic Dry Index (BDI) +9 2192
Rates
BCI
(Cape index)
BPI
(Panamax index)
BSI
(Supramax index)
INDEX
2729
+52
2303
-14
2031
-27
SPOT 4 TCE AVG (USD)
23974
+657
18480
-113
21239
-275
YESTERDAY (USD)
23317
18593
21514
YEAR AGO (USD)
52616
33680 31494
Thanks c. charlie
C and Standards,
The shipping stocks are firing up today. Do you think it is good time to jump in stocks like DSX, GNK,... or need to wait for better entry point?
Michael
Hi Michael,
Lots of window dressing going on at end of month of Sep. I'm not looking forward to Oct as it could be challenging. Shippers are under pressure and you could possibly pick them up much cheaper within 30 days.
Keeping my powder dry for now, waiting for a better entry point.
Best Regards
Hi Saleem,
Wishing you the best and saying prayers for you. Take care. You will be missed.
Elsie
Salam Saleem,
We will miss you. May the Almighty provide you with comfort, patience and great news regarding your health.
Saleem you shall & will prevail
God Bless You
Hi All,
Huge futures sell off just before open today, then a steady gradual climb back to even, but the futures began trailing off again towards the close. Keep an eye on the overseas markets overnight for clues. Most are starting to turn negative.
Best Regards
Until I see otherwise, I am buying when S&P is at or around 1045 and selling at 1062. Hope you are feeling better Saleem charlie
Wow! I hope the drop is what everyone expected. What do you think we should do? Stay put or start to pick up the bargain?
Michael
Hi All,
Another day of selling, no buyers to step in this time. The herd has changed directions. Normally a correction has 3 stages. Until the herd changes back to bullishness there is no reason to buy. If you are determined to pick up bargains, sell puts at a lower strike price. You will collect the premium and maybe get the stock put to you at your price.
Best Regards
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