Now that we have closed above 200 DMA in all Indices CNBC TV showman Jimmy the Cramer "does not like this uptrend "...MAYBE he went short yesterday..so not much to like it today....
It is amazing that CNBC has no editorial check on all the "nonsense which is spewed upon"
VIX closed Down 9.48% @ 25.87
In my portfolio :
Added 84% PIR @ $8.08 ..ER is this Thursday...
Portfolio is CNQ,CRUS,LVS,PIR,SNDK,SOLF,TCK....
I have gone above my normal MAX exposure of 100% to 102%....
Strong stocks which were UP 4% or more included TCK,SOLF,CRUS,CREE,
MRVL,RIMM,TSL,RVBD,LRCX,ASIA,V,PMCS,GNK,SOL,JASO,STP,STX...
AH BP news is negative from BAC...BP stock down AH by $1 in AH volume of 3.17 million..getting close to its 52 wk low of $29.....
AH futures Down
AH Asian markets UP
AH Gold Down
AH Oil UP
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
I would say, "Stay with Saleem, you will be the winner. Stay with Cramer, you will be the loser." Your expose in the market has shown the confidence and contrary to most analysts. Thanks for your guidance.
Michael
Hi Michael,
Thanks for your feedback.
I personally believe that we have turned the corner in market thus my conviction for major exposure.
Option Expiry related activity should be even more interesting this week.
Saleem
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