Thursday, November 18, 2010

Market back on track,UP almost 2%...NICE !!!!

Indices are UP from 1.69% to 2.02%,Nasdaq being the strongest.

Gold UP $14.20

Oil UP $1.28

Canadian $ UP 56 tick @ 98.28

In my portfolio :

Sold SOLF

Bought KGC @ $17.80

Portfolio is AGU,BIDU,FFIV,KGC,WYNN

Most stocks are UP....

BLOG does NOT give buy or sell.

Saleem

8 comments:

c said...

Saleem
I like AUY and HL can you expalin your reasons for buying KGC

thanks

Stocks100 said...

Hi C,

KGC has stronger gold production profile & price was right !!!!

Saleem

c said...

SALEEM
you are so spot on
I got some HL I guess that I liked it buy recommendation to much
Should I switch to KGC??

thanks, welcome back to us!

Stocks100 said...

Hi C,

I have not followed HL closely..so cannot compare.

Saleem

Michael said...

Hi Saleem,

Do you think we are out of the correction phase yet or it is just GM effect for 1 day?

Got some KGC at 17.89.

Michael

Stocks100 said...

Hi Michael,

Today is a good start for this bull....but it is never easy...

IF you have good portfolio..you will do better than market.

KGC was bargain priced !!!!

Saleem

Michael said...

Saleem,

Thanks for your comment.

I sold SOLF as well. My portfolio includes: BIDU, KGC, AGU, FCX, FFIV and material ETF, UYM. FFIV is so strong today.

Michael

Stocks100 said...

Hi Michael,

Good stocks will "recoup" faster than weak ones...which we learn everyday...

You have very good diversification.

Saleem