Tuesday, September 13, 2011

Indices closed UP AGAIN......NICE !!!!!

Indices were up again, this is technically significant in a very weak / negative environment.

Internals of the market were as follows :

UP volume led by 3.65 to 1 in NYSE & 5.53 to 1 in Nasdaq

ADVANCING stocks led by 3.45 to 1 in NYSE & 3.20 to 1 in Nasdaq

New 52 wk lows were 35 in NYSE & 63 in Nasdaq

As you can see that internals were strong today

VIX closed Down 4.25% @ 36.95

Gold closed @ $1828.90

Oil closed @ $90.21

In my portfolio :

Bought PMCS @ $6.39

Portfolio is APKT,AMZN,BIDU,PMCS,PLCM,AUY...

Exposure 96%

Stocks which closed UP 2% or more included APKT,PMCS,PLCM,
MU,SNDK,LULU,SINA,RVBD,CIEN,CRM,JKS,JDSU,ARUN....

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Saleem

    Good morning

    AUY is a v good bet
    I may get some
    Looking at PMCS--do ya think that this is risky here?

    Sold my amazon

    V bests to all

    ReplyDelete
  2. Hi C,

    PMCS is a good buy alongwith AUY.

    Booking profit is good.

    Saleem

    ReplyDelete
  3. S

    Hello again

    I got some AUY at $16.43.

    Have a good un

    ReplyDelete
  4. Saleem,

    I joined the PMCS and AUY club. I used to play PMCS in 2000, at that time it ran from 100s to 200s. It survived through the tough time. I agree with you that this can be a long term play. Thanks.

    Michael

    ReplyDelete