Dow ,S&P 500 & Nasdaq all closed @ brand new 09 HIGHS.......
IF this is not a strong bull market...then I have no other definition.....IF it behaves like a bull market for almost 10 months straight then it MUST be a bull market...
I am sure Doug Kass,Carter Worth,Roubini,Prechter,Rosenberg are turning in their sleep DAILY since July when all of them proclaimed that we are going way down fast.....actually we went UP FASTER......
Gold UP $11.10
Oil UP 73 cents
Canadian $ Down 7 tick.....
In my portfolio :
Bought TC @ $12.10..it is a Molybdenum producer..Moly is used in Steel to stregthen it.
Portfolio is AMZN,AUY,IAG,POT,SLW,SOLF,TSL,TC....
Many stocks were green @ close like AAPL(new 52wk high),BIDU,PWRD,
AA,AGU,IPI,PALM,GOOG,X,MRVL,GG,SU.......
By 10 AM Saturday,I will list buy rated stocks.
BLOG does NOT give buy or sell.
Wishing all of you a "Merry Christmas"
Saleem
2 comments:
SALEEM
HAPPY holidays to you
YOU are picking some good stocks
will POT work out for you... Your Amazon is awesome
I like your gold plays and now TC. Is that also a China
play??
I may get some!
Good luck
Hi Madmax,
My cost on POT is $114.11..it closed today @ $111.40..so I am only $2.71/per share in negative.....
TC is a great Moly play..it is a Canadian company but biggest in Moly in the world.....let us see how it works out.....
I had to sell some stocks @ loss to balance my gains..do not want to pay taxes...IF i dont have to as Capital gains are taxed @ 50% in Canada......
As I am all set for 2010...so i can show PATIENCE with stocks or trade frequently IF i feel gains are in jeopardy.....
Happy holidays to you & your family.
Saleem
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