Lackluster earnings & Chinese lending curbs are taking a hit in all indices & commodities.....
US$ sharply HIGHER......
Gold Down $28.80
Oil Down $1.61
Canadian $ taking a major hit Down 1.50 cent against US$ @ 95.45 US for 1 CAD.....
In my portfolio :
Doubled my position in ASIA @ $26.90
Portfolio is APWR,ASIA,AUY,IAG,PALM,POT,SLW,TC,FUQI call almost dead
@ 12.47 following are green :
CREE,SNDA,BAC,VLO.....
BLOG does NOT give buy or sell.
Saleem
5 comments:
Standards
I gobbled up some more GNK at $23.35 ----- lests see where it goes form here. I am expecting a China spluge for coal and copper and ship rates to go a lot higher from here
seems as if all the shippers got hit hard today
Good luck to all
Hi C,
I am so tempted myself to buy some more GNK. BDI chart following trend line higher. China CEO says rates will recover in 2010 with some volatility. Range 3000 - 4000. We are near 3000 now.
Best Regards
Line in the sand is S & P 1115/1120
Lets hope for the best.
Hi All,
Bought ASIA on pullback. $26.72
Best Regards
Hi Standards,
Good move in ASIA....great chinese software company.
Saleem
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