Thursday, April 22, 2010

Green close AGAIN.....NICE !!!!

Indices are showing their resiliency by erasing all losses by close......

As ..i have been highlighting..watch how we close.....

Friday could be no different ......

In my portfolio :

Sold TER

Doubled my position in RIMM @ $70.58....now 71% of my portfolio...not recommended to others to have such a heavy weighting...as i can monitor every tick & can trade out in nano-second.....

Portfolio is CRUS,LDK,RFMD,RIMM......

AH AMZN was a beat..... BUT margin in guidance became an issue..down almost $10 in AH volume of 3.97 million shares.....it was overbought big time.....

AH MSFT was a beat.... but it was down 41 cents in AH volume of 13.13 million shares...

AH RVBD was a beat stock UP 69 cents in AH volume of 27,471 shares.....

AH Futures are Down

AH Nikkei & Singapore Down...

AH Oil,Gold,Silver Down

BLOG does NOT give buy or sell.

Saleem

4 comments:

c said...

SALEEM

RIMM keeps hoping around
Got some RFMD --I piggy backed --OK
Got in at $5.43

Amazon really sold off--had to be way extended to sell off like that

Peace

Stocks100 said...

Hi C,

RIMM has a WES (Wireless Enterprise Symposium) for 3 days starting Monday in Florida....it is an annual event where they showcase their product & vision....on Monday they start with Analyst day.....expecting very good things from RIMM this year.....

RFMD reports on Tuesday alongwith CRUS AH..they both should beat & guide UP......

AMZN is not that bad today..Down $4 ???

Saleem

c said...

SALEEM
thanks so much for your insightful reply--wow


I meant that AMAZON surprised me by the sell off yesterday and today. Fast Money stated that it was still to pricey for them

We both got some a while back and got out before it finally turned back up.
AMZN has a mind of its own that I do not understand

I got some more MCD and KO for my IRA and
J Cramer loves steel...Me too!
Got a tiny order for some NUE

Peace and great weekend to all

Stocks100 said...

Hi C,

Thanks for your feedback....

RIMM & many other stocks do not move until its time...but..when they start their move it is always more than what we expect....

Longer the base building..higher the move UP...RIMM was @ current price in June 07.....almost 3 years of base building !!!!!

TCK..is a great company...watching closely for months $$$$$

Good luck with your portfolio !!!!

Saleem