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
4 comments:
SALEEM the market is exploding up and away
WOW
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,
RSI 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,
What 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,
Market is certainly NOT as attractive as before...RSI is creeping UP .....
So a sell strategy is "highly recommended"
Saleem
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