Monday, June 20, 2011

All Indices HIGHER....NICE !!!!

Indices are ignoring same old, same old Greek issues & moving higher.

Indices are higher by over .50%.

Internals are positive by 50%

Gold Down 60 cents

Oil Down 43 cents

Canadian $ higher by 5 tick @ 102.14

In my portfolio :

Doubled my position in SOL @ $4.55

Portfolio is AAPL,CNQ,LULU,SOL,TZOO....

Most stocks are UP

@ 1.44 following are down :

AAPL,SOL,CNQ,MPEL,LVS,FCX,RIMM,
GOOG,NTES,CRM,IBN,V,SU,JKSAPKT,
S,STP,BAC,NVDA,FMCN,SINA,LDK,
CCJ,KGC,AEN,SNE,GS.....

BLOG does NOT give buy or sell.

Saleem

5 comments:

  1. Saleem,

    Market is getting better. I also started SOL at 4.55. This will be my longterm play. I believe it will be double in 1 year.

    Michael

    ReplyDelete
  2. Hi Michael,

    YES..SOL looks good from long-term point of view.

    Yes..market is finding its footing.

    Even Oil & Gold is UP now.

    We may be catching lot of stocks near multi-year low.

    Saleem

    ReplyDelete
  3. Good afternoon. Closed out my short positions today on an anticipated counter-trend rally to begin very soon.

    Victor

    ReplyDelete
  4. Hi Victor,

    You had the right approach for last 7 weeks.....great prediction !!!

    Saleem

    ReplyDelete
  5. Victor,

    Good for you. I should follow your approach. However, like I said, I am not good at short. I should learn this next round.

    Michael

    ReplyDelete