Markets are still trying to digest many news.....Treasury Secty extending bailout to Oct 2010 to stabilize financial markets & American families...which is a good thing.....
BUT...some MAY interpret as "weakness in financial system".....which is NOT a news for some of us who follow mortgage delinquency rates & credit card default closely....
Gold Down $1.70
Oil Down 91 cents
Canadian $ UP 69 tick to 94.68 US cents for 1 CAD......
Portfolio is AAPL,EXPE,MRVL,POT,SOLF,TSL......
@ 12.22 following are green :
AAPL,POT,MRVL,GAME,SINA,RCI,AGU,RIMM,GS,MA,V,
NVDA,HL,FMCN,BRCD,LULU,SOHU,NYX,FSLR,GG,IAG,
SLW.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
Have you followed up on RIMM? It showed its muscle today. Smart phone market is so crowded with Iphone, Droid, Pre,... What will be RIMM's future? In the short term, do you think it will beat in next coming ER that will come out on Dec. 12? Thanks for your assertion.
Michael
Hi Michael,
RIMM is behaving well....TAPE is saying that RIMM ER will be within guidance given by company....
Next Q guidance MAYBE better than consensus as businesses MAY start buying "blackberries"....
My bet is with AAPL going forward as it is more diversified & is executing well.....
RIMM ER is more lumpy....
Saleem
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