Thursday, October 29, 2009

Markets back on track ..UP 1.11% to 1.35%..NICE !!!!

So GS made a killing by implying that they knew that GDP will be BAD.....so much for suckers falling for that game...GDP came better than expected.....take that Roubini.....i am sure he has no answer for GDP robust growth of 3.5% as a qualified economist???

Gold UP $11.10

Oil UP 42.07

Canadian $ UP 86 tick

VIX down 8.46%.....

In my Portfolio :

Bought 70% more TSL @ $31.75..

Portfolio is AUY,BAC,COMS,GNK,HL,MRVL,PIR,TSL.....

Most stocks are UP..

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

Saleem

Here is news on
HL;

http://seekingalpha.com/article/169394-s...

Not sure if this was posted yet, but I thought this was a very good read...sorry in advance if it's a duplicate of past material presented here!!

Enjoy the read I did
Cheers

Michael said...

Saleem,

You were right again. You went on buying spree when people were fearful and trashed their holdings. I read your post yesterday when you were busy with picking stock. I hesitated to follow your suit and missed the chance.

I admired your tactics.

Cheers,

Michael

Stocks100 said...

Hi Madmax,

Thanks for HL posting.

Saleem

Stocks100 said...

Hi Michael,

Thanks for your feedback.

I do not write "going on a buying binge" or "backed up the truck" unless i am extremely confident.

Saleem