Wednesday, October 20, 2010

Indices firing on all cylinder......NICE !!!!

Indices are roaring back UP 1.15% to 1.36%...

S&P 500 came within 3 points of its recent high..a stunning reversal in TAPE....

Gold UP $7.70

Oil UP $1.81

Canadian $ UP 82 tick @ 97.65

Portfolio is LVS & BIDU...

Most stocks are UP

@ 12.56 following are RED :

AMZN,BIDU,SNDK,ISRG,POT,CREE,LEN,
LDK,STP,BAC,ASIA,CTRN,FUQI,FSLR.....

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. AnonymousOctober 20, 2010 at 10:19 AM

    I'd call this more than a bounce. Looks like we're back on our way to S&P 1217. GLTA.

    ReplyDelete
  2. MichaelOctober 20, 2010 at 10:51 AM

    Saleem,

    AAPL came back to life. BIDU showed some weakness. It may get ready for swiftly moving up.

    Are you going to play BIDU through ER. I am looking at it. Thanks.

    Michael

    ReplyDelete
  3. Stocks100October 20, 2010 at 10:53 AM

    Hi Michael,

    BIDU is my earnings play...

    I may add AMZN on Thursday also an earnings play....

    They both report AH Thursday !!!!

    Saleem

    ReplyDelete
  4. MichaelOctober 20, 2010 at 10:54 AM

    Saleem,

    Thanks for your quick response. I will be with you on BIDU.

    Michael

    ReplyDelete
  5. MichaelOctober 20, 2010 at 1:09 PM

    Saleem,

    I bought BIDU at 100. I also bought SNDK at $37.8 to play earning. AMZN on last earning was scary, down AH then up on normal trading. I will skip this one. Thanks.

    Michael

    ReplyDelete
  6. Stocks100October 20, 2010 at 1:23 PM

    Hi Michael,

    Good luck with BIDU & SNDK....

    I am still thinking of AMZN as my earnings play....

    Saleem

    ReplyDelete