Monday, January 10, 2011

Indices Down less than on.41% on Portugal bailout...

Indices are mildly under pressure from Portugal bailout news.....

We are down less than .41%......

Gold UP $2.60

Oil UP $1.30

Canadian $ UP 6 tick @ 100.70

In my portfolio :

Added 40% MGM @ $16.28

Portfolio is FFIV,MGM,PCLN,RVBD......$ allocation is 38.59%,16.02%,25.12%,20.12%...

Solar stocks are on fire after LDK upped its guidance for
Q4 & 2011......

Stocks are mostly UP....

@ 12.28 following are RED :

PCLN,AMZN,CRM,BIDU,GOOG,GS,TCK,
SU,POT,RIMM,MOS,IBN,SOHU,IAG,SNDA,
CCJ,MA,V,X,LEN,FUQI,IGTE,CTRN,JRCC,
TTM,FWLT....

BLOG does NOT give buy or sell.

Saleem

8 comments:

  1. SALEEM

    you gotta get an apple in your bag

    Smile

    I am even in BIDU, and FFIV is even too
    So make $$$$$$$

    Stay warm and do not shovel to much snow they predict 5 inches for DC tonight

    ReplyDelete
  2. Hi Madmax,

    I do not recall buying any stock @ 78 RSI...which is where AAPL is trading right now.....so,will WAIT for lower RSI for an entry point.

    Weather is pretty calm in Toronto area..so now snow for today.....

    Saleem

    ReplyDelete
  3. SALEEM
    I was only fooling about buying APPLE stock..

    But my 70 shares keep on climbing--I said It would got to $350 --- here it comes--as for RSI apple is hot going into earnings which should be steller-IMHO

    So I will sell on any weakness--but at this point Apple is pricy and shows no sign of capitulation... best tech for 2011...

    ReplyDelete
  4. Hi Madmax,

    I am happy that you are making $$$$$ with AAPL.....in a bull market most strategy works.

    Saleem

    ReplyDelete
  5. Sold JKS @25.7 at a profit. Will wait for a pull back.

    Trying to be a little cautious specially with solar.

    Thanks

    Paramjeet

    ReplyDelete
  6. Hi Paramjeet,

    Never second guess booking profit.

    JKS profit is a good start for 2011.

    Saleem

    ReplyDelete
  7. Thanks Saleem.

    The market seem to do a quick sector rotation.

    I am referring to the AGRI, Shipping, semiconductor and Oil sectors

    What are your thoughts on stocks like AGU, GNK , TER and HERO.

    I hold a few TER which consolidated the whole day today.

    Thanks

    Paramjeet

    ReplyDelete
  8. Hi Paramjeet,

    AGU is a very good stock..great for long term hold..it had a huge run.so needs to consolidate here.

    Dont know HERO....

    TER & GNK can be part of a broadbased portfolio.

    Good luck with your strategy.

    Saleem

    ReplyDelete