Wednesday, May 26, 2010

Indices rolled over to close near lows.......

TAPE was certainly discouraging BUT it is NOT the end of the world.....

Near lows markets are generally jittery & backtracks.....

Internals of the market was positive.....

Euro weakness was the only negative for the market..currently @ 1.2162

In my portfolio :

Sold CRUS

SOLD SNDK

Bought LVS @ $21.75

Bought EGO @ $16.57

Portfolio is EGO,CIEN,JDSU,LVS......

Green stocks included CRUS,SNDK,LVS,ASIA,
SOHU,CREE,NDN,V,CNQ,SOLF,SOL....

AH Futures are RED

AH Gold Down

AH Oil Down

BLOG does NOT give buy or sell.

Saleem

2 comments:

  1. SALEEM

    j the cramer is still negative
    I love to hate that guy he is such a quack and entertainer
    Well I think you bought LVS are old fav! IMHO you may do very well as Cramer said Wynn (sp) is the best and LVS is #2.
    It should do well..
    My APPLE is soaring--fantastic

    Best to all

    ReplyDelete
  2. Hi Madmax,

    I missed Jimmy's rant last night..making money is different than being a bad pundit....

    LVS was showing relative strength in this freefall..so wanted to buy IF the price was right.....

    YES...AAPL is looking good $$$$

    Saleem

    ReplyDelete