Friday, April 29, 2011

Higher highs AGAIN.....NICE !!!!

Indices are on a roll again to new highs, new highs gets many new highs...a reliable technical tool.

Poor Doug Kass, he feels a compulsion to tell everyone that he cannot read the market @ all.....markets are strong on fundamentals ala earnings & technical pattern ala multi year highs.....Doug needs a refresher course in trading 101.......

Gold UP $17.20

Oil UP 53 cents

Canadian $ UP 28 tick 105.46

VIX Down .55% @ 14.54

In my portfolio :

Added 50% POT @ $55.34....many analysts have increased targets to as high as $71 by Credit Suisse..fundamental of POT is strongest NOW......

Portfolio is highly concentrated LULU 46.27%, APKT 33.94%, POT 19.79%

Most stocks are UP

@ 1.09 following are RED :

RIMM, AKAM, FFIV,SLW,DECK,CMG,
ALTR,BWLD,CCJ,M,BAC,MU,SNDA,
ICE,NTES,GAME,ISRG,TTM,VAR......

BLOG does NOT give buy or sell.

Saleem

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