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:

madmax said...

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

Stocks100 said...

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

madmax said...

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

Stocks100 said...

Hi Madmax,

Do not follow GLT @ all.....

Saleem

standardshigh said...

Hi All,

BDI +29 leveling off.

Best Regards

Stocks100 said...

Hi Standards,

Thanks for BDI info....

GNK is flying today???

Saleem

Michael said...

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

Stocks100 said...

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

standardshigh said...

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

madmax said...

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

Stocks100 said...

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