Wednesday, September 9, 2009

"Message of the market" on 999.....HIGHER !!!!!

We are celebrating 9th month on 9th day in year 09 with "message of the market" is UP.......

Nasdaq has moved into new 09 HIGH today...higher highs in one indice begets new highs in other indices.....S&P 500 & Dow are next in-line.....

As traders/hedge funds/institutions WAIT for markets to pullback...we keep defying gravity..

Art non-Cashin has promised that TODAY "is the day"...whatever that means.....i am sure Joe Kiernan is "all excited about a new revelation on Thursday before open"

Gold is UP $2.30 to $1000.20

Oil is UP $1.18

Canadian $ is UP 14 tick as construction activity came in better than expected.....

In my portfolio :

Bought HL..a Silver producer based in US.....paid $3.77

Portfolio is GSS,HL,POT,SOL,RIMM.....

@ 12.17 following are GREEN:

POT,SOL,HL,GSS,GNK,TLM,EBAY,AAPL,JNPR,
SINA,NTES,BRCD,CTRN,LULU,WYNN,MA,BIDU,
LVS,SOHU,CMED,SPWRA,FSLR,ISRG,GS,VAR,IBN,
AGU,GOOG,PMCS.

BLOG does NOT give buy or sell.

Saleem

11 comments:

  1. SALEEM

    Hello to all

    RIMM backed off some
    GS still climbing up as is APPLE
    Look out folks 52 week high for APPLE--looking for $200 -IPODS are now reduced in price to sell even more--I smell record profits

    ReplyDelete
  2. Hi Madmax,

    Steve Jobs showed up which is a plus for AAPL stock...

    RIMM is catching its breadth after moving from $71 to $79 .....

    Saleem

    ReplyDelete
  3. SALEEM

    this appeared to bea good goldie:
    GLT:
    PH Glatfelter Co GLT:NYSELast Price Today's Change Bid/Size Ask/Size Today's Volume Schwab Equity Rating®
    data as of 09/04/2009*
    $11.24
    thoughts

    ReplyDelete
  4. Hi Madmax,

    Do not follow GLT @ all.....

    Saleem

    ReplyDelete
  5. Hi All,

    BDI +29 leveling off.

    Best Regards

    ReplyDelete
  6. Hi Standards,

    Thanks for BDI info....

    GNK is flying today???

    Saleem

    ReplyDelete
  7. Saleem,

    I thought SOL would follow through but it did not. It seems got a resistance around $6.30.

    GNK is heading higher.

    RIMM is taking a rest before going higher???

    Michael

    ReplyDelete
  8. Hi Michael,

    SOL pulled back with all solar stocks...actually did better than most solar.

    RIMM should be going much higher in anticipation of good ER...

    GNK was the-strongest in this TAPE.

    It is all about conviction.....

    Saleem

    ReplyDelete
  9. Hi All,

    Traders pushing GNK up. No other reason as BDI is very low and not moving higher. Stock Traders Almanac says weakness after the 18th. Hope so, sure would like to buy back in at lower prices :)

    Best Regards

    ReplyDelete
  10. HEY all
    Saleem

    \Steve Jobs is BACK--great show go see it
    new iPod and new lower prices I love it
    Closed at all year high! going to $200!
    GE and LVS , GS are rocking
    Sold my LVS as do not want to get greedy!

    Now what to buy , NYX or more POT?

    Regards

    ReplyDelete
  11. Hi Madmax,

    Good job in locking profit in LVS..alway's have a selling strategy.....

    Of the two you mentioned..I will prefer POT...

    Saleem

    ReplyDelete