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

6 comments:

Anonymous said...

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

Michael said...

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

Stocks100 said...

Hi Michael,

BIDU is my earnings play...

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

They both report AH Thursday !!!!

Saleem

Michael said...

Saleem,

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

Michael

Michael said...

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

Stocks100 said...

Hi Michael,

Good luck with BIDU & SNDK....

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

Saleem