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
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4 comments:

  1. MadmaxOctober 1, 2010 at 6:18 AM

    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

    ReplyDelete
  2. Stocks100October 1, 2010 at 6:31 AM

    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

    ReplyDelete
  3. MichaelOctober 1, 2010 at 7:55 AM

    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

    ReplyDelete
  4. Stocks100October 1, 2010 at 8:03 AM

    Hi Michael,

    Thanks for your feedback.....

    Now I am long for trading...

    Saleem

    ReplyDelete