Friday, September 18, 2009

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

6 comments:

  1. Hi Saleem,

    The market humbled me again, I thought we would see some fireworks today, how dull it is!!...
    Options got called, 14 cents in the money!
    Have a great weekend.

    BDI - 34 NEGATIVE SLOPE

    ReplyDelete
  2. HI Standards,

    Market will be very difficult to read in short term....logic says it should go down...but who knows based on sideline money.....

    Thanks for BDI info.

    Saleem

    ReplyDelete
  3. Hi Saleem,

    Stock Traders Almanac says soft markets right after today thru October based on past history.

    Best Regards

    ReplyDelete
  4. Hi Standards,

    This market will become a "stock picker market" going forward.

    Sexy names will give way to obscure names.....

    Saleem

    ReplyDelete
  5. Saleem
    '

    I think you are on to something!
    MY GS is flying it defies logic

    My APPLE shares are v happy
    PLease consider CHU and GE. I am looking at RRC, XTO, UPL : the gassers will go up winter is coming!

    They are saying the refiners are due for a pop? Comments

    regards

    ReplyDelete
  6. Hi Madmax,

    Markets are extended..so it will be wise to hold off any buying until pullback.

    Saleem

    ReplyDelete