Thursday, September 17, 2009

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

2 comments:

standardshigh said...

Hi All,

BDI -25 still the trend is down.

Citi & Morgan downgraded the ag group. Must be something to worry about. Time to short?

Sold calls on HDB and CHL, very close to being called out on both.

Best Regards

Stocks100 said...

Hi Standards,

Thanks for BDI number.

POT will be called .....but i have until Oct 16 to see what happens...

AG is very "unpredictable" so shorting may not be a good idea....see how it runs $5 range almost daily......

Saleem