Thursday, March 4, 2010

Indices barely green on mixed data......

Resale house sales were lower than expected while Jobless claims were better than expected......reason for each are contradictory...bad weather good for jobless & bad for resale???

BUT...indices are trying to stay in green after dipping into red....

Gold Down $11.70

Oil Down 67 cents

Canadian $ in unchanged area @ 96.97

In my portfolio :

Added 15% more PALM @ $6.18..trying to bring my average cost down still @ $10.22...another reason...www.stockconsultant.com predicting "breakout" @ $6.41 with a target price of $7.60

Portfolio is APWR,IAG,PALM,SLW(reports AH)....

Many stocks are Down......

@ 12.22 following are green :

PWRD,NTES,GS,AAPL,STP,SINA,GOOG,
AMZN,SOLF,ICE,LULU,NDAQ,NYX,
SPWRA,FSLR,VAR,QCOM....

BLOG does NOT give buy or sell.

Saleem

8 comments:

c said...

SALEEM

Not to srue about PALM
but GNK and now GS are strong

DO no know the reasons for GS 3.4% run.
If APPLE can hold $210 it just may break out and go to the $250 target, point & figure shows $230...
cheers to all

c said...

SALEEM

WOW a strong close Look at my GNK
I smell $23 and more!

standardshigh said...

Hi All,

Facebook hinting at IPO. $$$$$$$

BDI saying new uptrend started Mar 1.

Nice! Go GNK!

Best Regards

standardshigh said...

Hi All,

Options traders buying APPL ahead of earnings, one trader buying long calls.

Best Regards

Stocks100 said...

Hi C,

PALM..I am trying to average down...too much PESSIMISM about PALM....so ..should do OK !!!!

AAPL should make new HIGHS..BUT keep an EYE on RSI..now 62.07...70 red flag???

Saleem

Stocks100 said...

Hi C,

GNK RSI is 61.96.....getting up there.....

Saleem

madmax said...

Saleem

You should here J Cramer Loves APPLE buy buy buy
I pad will rock comes out next week and corporations are buying it
claims APPLE will rock buy now or cry
Hmmm
I will hold

Stocks100 said...

Hi Madmax,

I do not have CNBC...I will listen to him on internet later.....

AAPL should make new high !!!!

Saleem