Indices are staying near opening level thanks to CSCO......
Most stocks have recovered from their low levels..some are going green.....
What most traders/investors fail to see that CSCO is a bad version of MSFT...even MSFT has some new product going and is showing growth,but CSCO every Q talk of non-existing "challenges".....CSCO down 15.48%
Oil UP 4 cents
Gold UP $3.40
Canadian $ Down 44 tick @ 99.42
VIX UP 2.06% @ 18.85...weak move,predicting higher stock prices
In my portfolio :
Bought BIDU @ $110.48
Bought FFIV @ $118.50
Portfolio is AGU,BIDU,EBIX,FFIV,SOLF,WYNN....
Most stocks are down...
@ 12.47 following are green :
WYNN,BIDU,SLW,MCP,REE,MOS,POT,
GS,TCK,PCLN,CCJ,X,LVLT,SNDK,JRCC,
VLO,FWLT,CNQ....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
You got cheap shares on panic market. I also added FFIV. This morning everything was on fire sale. Good trading. Thanks.
Michael
Hi Michael,
It is important to take advantage of "overreaction".....
What CSCO ongoing lousy earning has anything to do??? with strong recovery worldwide.....
I am glad you added FFIV again....
Saleem
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