Thursday, October 21, 2010

New High in S&P 500 & Dow...NICE !!!!

Indices vaulted to new high in S&P 500 & Dow ...Nasdaq missed it so far.....

S&P 500 high today is 1189.43..RSI @ 64.56

Gold Down $13.30

Oil Down $1.44

Canadian $ Down 21 tick @ 97.67

In my portfolio :

Doubled by position in BIDU @ $101.20..expecting strong guidance tonight.....

Portfolio is LVS & BIDU.....

Most stocks are UP...

@ 12.22 following are RED :

LVS,CRUS,SNDK,TSL,SOLF,RVBD,SLW,
AAPL,PCLN,JKS,YGE,STP,LDK,EGO,KGC,
ISRG,X,CREE,BAC,GG,ECA,CTRN,CSIQ,
ABX...

BLOG does NOT give buy or sell.

Saleem

11 comments:

  1. Saleem,

    BIDU behaved very well in a volatile market. But my SNDK took a hit. Hope it will recover after ER.

    Michael

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  2. Hi Michael,

    BIDU has lot going for it....

    Expecting good things AH...

    Saleem

    ReplyDelete
  3. Saleem,

    When the ER of BIDU will be out, at 2PM?

    booked profit on SNDK @ 39.7.

    Michael

    ReplyDelete
  4. Hi Michael,

    Good move in booking profit in SNDK...

    BIDU ER was a beat & guidance much higher BUT stock is down.....

    Saleem

    ReplyDelete
  5. Saleem,

    Are you going to hold or sell? I am still holding BIDU. Thanks.

    Michael

    ReplyDelete
  6. Hi Michael,

    I will hold because ER is very good....sometimes they drop then take it UP...

    CC is @ 8 PM..I will listen to that.

    Saleem

    ReplyDelete
  7. Saleem,

    Thanks for the information. There were so many times that BIDU tanked after ER but got back all and added in more gain. Hope, this time will be the same.

    Michael

    ReplyDelete
  8. Saleem,

    Thanks for the information. There were so many times that BIDU tanked after ER but got back all and added in more gain. Hope, this time will be the same.

    Michael

    ReplyDelete
  9. Saleem,

    Sold half holding @95. Thanks a lot for your advise. I used to sell when it was down and took a lost then looked at it when it came back higher. This time, I was not a fool. My trust in you has paid off. Thanks again for helping investor like me.

    Michael

    ReplyDelete
  10. Hi Michael,

    I am glad that you booked money in half of your BIDU.....

    $5 per share is not bad in two days.

    Good luck with rest of BIDU....

    Saleem

    ReplyDelete
  11. Saleem,

    No, it is not bad at all. $5 a share is an excellent profit in 2 days.

    It seems that it cannot hold on to $105. Hope, it will open up @110 tomorrow. This is last chance for all the shorties. I will bring my money to the bank. Thanks again.

    Michael

    ReplyDelete