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
SALEEM the market is exploding up and away
ReplyDeleteWOW
action is great thanks POT has hit resistence--perhaps
CHU us up 1% and APPLE is up 4%
lots to be happy about
Can we sustain the up trend?
regards
Hi Madmax,
ReplyDeleteRSI in indices is getting up there.
I did a covered write on POT...got filled @ $5 for Oct $95.....so this way i am guarenteed almost $4.50 per share profit.....
The above is my way of protecting any large position......
Saleem
Saleem,
ReplyDeleteWhat is your sentiment toward the market now? I have been 100% investing in the market. My portfolio exploded on the upside. I thought may be it is the time to slow down a bit. Thanks for your blog.
Michael
Hi Michael,
ReplyDeleteMarket is certainly NOT as attractive as before...RSI is creeping UP .....
So a sell strategy is "highly recommended"
Saleem