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

4 comments:

Michael said...

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

Stocks100 said...

Hi Michael,

Thanks for your feedback.

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

Saleem

madmax said...

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

Stocks100 said...

Hi Madmax,

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

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

Saleem