Friday, March 4, 2011

Indices Down .86% to 1.33% due to Oil near $104....

Indices are trying to digest new reality of Oil near $104.

Economic news continues to be better than expected.

Indices are giving up some gains NOT all.

Oil UP $2.12

Gold UP $12.30

Canadian $ UP 8 tick @ 102.88 near 3 yr high

In my portfolio :

Sold F

Added 120% NVDA @ $20.86

Added 30% RIMM @ $66.68

Portfolio is RIMM 50.19%, RVBD 34.84%,NVDA 14.97% as of 30 mts ago......

Most stocks are down....

@1.19 following are green :

RVBD,TSL,CMG,NFLX,BIDU,SLW,SOHU,CCJ,
TCK,CNQ,SU,JDSU,FNSR,FUQI,LSCC,ARUN,
EBIX,PCLN,GG,SINA,SNDA,LULU,NTES,AEM,
ABX,FSLR.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

Michael said...

Saleem,

Thanks again for the switching tip on FFIV<=>RVBD. I sold FFIV at 116 and bought RVBD at 41 and now FFIV @113s and RVBD @44s. What a wonderful trade!

Have a nice weekend and stay away from the market news!

Michael

Stocks100 said...

Hi Michael,

Thanks for your appreciative note.

Market TAPE gives clear indication of market "outperformance"....

I will have "market perspective" in my closing BLOG today.

Weekend is for "other things"

Saleem

Unknown said...

Saleem,

RIMM COO is stepping down. Will it impact the stock movement?

Nag

Stocks100 said...

Hi Nag,

RIMM COO is important like any other COO...but it is not critical as all shots are called by co-CEO Jim & Mike.....

I see this as "news" only !!!!

Saleem