Wednesday, February 24, 2010

Indices UP .88% to 1.06%...NICE !!!!

Ben Bernanke testimony gave clear indication that Interest rates will remain low as economic recovery is on the weak side.......so Indices turned UP....

Gold UP 30 cents

Oil UP 85 cents

Canadian $ UP 13 tick

Portfolio is APWR,IAG,PALM,SLW,TSL.......

TSL despite its stellar earnings & guidance is subjected to selling by some hedge funds..motive is unclear..could be a strategy to get cheaper shares then move it UP...volume is heavy 4.7+ million shares in three hour..low of the day so far is $22.02....

@ 12.28 following are green :

PALM,IAG,MRVL,CREE,NTES,ISRG,BIDU,
RIMM,AAPL,GS,AMZN,FMCN,SNDA,ICE,
JRCC,AEM,VAR.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

Michael said...

Saleem,

Are you going to hold TSL through the turmoil? Things can get more ugly with other solars ER next weeks.

Michael

Stocks100 said...

Hi Michael,

I just sold 70% of my holdings in TSL.....

Saleem