Wednesday, June 29, 2011

Indices UP .49% to .84%........NICE !!!!

Indices are UP 3 days in a row.

Internals are positive.

Gold UP $9.20

Oil UP $2.60

Canadian $ UP 1.02 cent @ 103.04

VIX Down 7.93% @ 17.65

In my portfolio :

Sold CNQ

Bought LULU @ $111.67

Portfolio is ATML,LULU,SOL,SVM,TZOO

Most stocks are UP

@ 12.10 following are RED :

LULU,NTES,SINA,PLCM,LVS,NFLX,AAPL,
BWLD,SOHU,CRM,MA,JDSU,IGTE,EBIX,
FMCN,LDK,JKS....

BLOG does NOT give buy or sell.

Saleem

8 comments:

  1. S

    the market is really tough to figure out

    YOU seemed to have times the purchase price of LULU
    most excellent--great price already green

    is is to late to get back on board

    thanks

    ReplyDelete
  2. Hi C,

    LULU has great momentum.

    www.stockconsultant.com thinks it goes to $120 in short term...

    I think after July split it should be higher than that...

    2 days ago...after i sold, they guided higher Sales to $1 billion
    Which is another $60 million mre for next 6 months.....

    My vote is YES $$$$$

    Saleem

    ReplyDelete
  3. S

    Looks like SIAN is on sale now

    Price is $99.50

    best to all

    ReplyDelete
  4. Hi C,

    BIDU tape is better than SINA today !!!

    Saleem

    ReplyDelete
  5. S

    Looks like my EVEp is making another run up!

    Look at it

    LULU I got some at $112.
    TZOO got pounded down

    what a day see sawing

    ReplyDelete
  6. Hi C,

    Good luck with LULU.

    TZOO will be fine eventually...?

    Saleem

    ReplyDelete
  7. Saleem,

    Someone argued that this is hardly a short covering rally. This rally may be real. If it is the case, it may piece through 50 DMA. Tomorrow is good day to confirm if this rally is real.

    Michael

    ReplyDelete
  8. Hi Michael,

    It is important to take one day @ a time in markets.

    IF we look too far & conclude wrong, then we miss lot of opportunity which is staring @ us.

    As long as we make money who cares about any MA......

    TODAY was the confirmation for me as to markets strength.

    Close was very good !!!!

    Saleem

    ReplyDelete