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:
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
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
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