Wednesday, May 26, 2010

UP .75% to 1.23% in Indices....NICE !!!!!

Indices are staging their first green day after erasing all/most of their huge loss yesterday....Indices UP from .75% to 1.23%..Nasdaq being the strongest

Euro is weak today down 1.52 to 1.2220.....

Gold UP $13.20

Oil UP $1.97

Canadian $ UP 52 tick to 93.92

Portfolio is CIEN,CRUS,JDSU,SNDK.....

SNDK jumped to 52 wk high today in heavy volume of almost 11 million shares so far.....

VIX down 8.99% to 31.50

Most stocks are UP

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. MichaelMay 26, 2010 at 10:33 AM

    Saleem,

    I thought I was the bagholder of SNDK. However, now I am in the money. It is too strong for the shorts. I like CRUS as well. Thanks for good stocks.

    Michael

    ReplyDelete
  2. Stocks100May 26, 2010 at 11:22 AM

    Hi Michael,

    Thanks for your feedback.

    I booked profit in both SNDK & CRUS.....MAY buy them back on a pullback.

    Saleem

    ReplyDelete
  3. madmaxMay 26, 2010 at 12:55 PM

    Hey all
    Congradualtions on a great gain

    I sold my poisiton in MO and booked some profit too

    I got APPLE at $240 yesterday thanks to Saleem saying use a market order
    thanks
    Best to all

    ReplyDelete
  4. Stocks100May 26, 2010 at 1:06 PM

    Hi Madmax,

    It HAS been "take the money & run market" for a long time...

    I am glad you got in AAPL....great price !!!!

    Saleem

    ReplyDelete