Friday, October 1, 2010

My trading plan after open.....

I will be selling into any strength @ open......

Also I am planning to go short on some high fliers.....

In my book high fliers are BIDU,AAPL & AMZN.....

Markets are lofty & need a rest ...pressure will be to the downside....

BLOG does NOT give buy or sell.

Saleem

4 comments:

Madmax said...

Saleem

Way to go !!!!!!!!!!!
I still do not know how to short
YOU make it sound so easy
Oh well!!

I got some conservative stock--MRK when it dropped yesterday
Looking for Citi to start making a come back w/gov't shares getting off the market now

I still say go APPLE
Have a great weekend everyone

Stocks100 said...

Hi Madmax,

Short is generally daytrade..if it works fine if not take the loss.

Nothing is easy..everything has risk.....risk needs to be managed & contained.....

Saleem

Michael said...

Saleem,

You must have a gut to play on the short side. I held BIDU at $100.4 yesterday. After I saw your message, I exited BIDU at $103.1 this morning, but I did not dare to short it. Thanks for the hot alert.

Michael

Stocks100 said...

Hi Michael,

Thanks for your feedback.....

Now I am long for trading...

Saleem