Wednesday, September 7, 2011

Indices UP 2.11% to 2.68%.......NICE !!!!

Indices are UP thanks to German court ruling that OK'D Germany participation in European debt bailout efforts......

Internals are strong UP 6 to 1...

Gold Down $56.20

Oil UP $3.21

Canadian $ UP 24 tick @ 101.23

VIX Down 8.38% @ 33.90..still too high ?

In my portfolio :

SOLD APKT

SOLD LULU

Bought AUY @ $16.46

Added 20% NFLX @ $213.81

Portfolio is AUY,BIDU,NFLX....

Exposure 62% from 140%

President Obama unveils his job plans Thursday after hr.....expectations are very low..Market may pull back Thursday to see what he is proposing.....

LULU reports before open this Friday...not sure what i want to do
on Thursday ?

Most stocks are UP

@ 2.00 following are RED :

AUY,NFLX,GG,CMG,GLD,BWLD,KGC,
JKS,SOL.....

BLOG does NOT give buy or sell.

Saleem

6 comments:

stocktrader_1996 said...

Hey Saleem,

We are rolling in the dough today!--some of my stocks are up 10+% from purchases just yesterday morning...amazing!

I'm expecting a rally again tomorrow ahead of the speech and then profit-taking Friday, but I think I'll just hold tight through that volatility--I think the environment is too conducive for more gains to get fancy with trading, especially when I have a 3-day lockout after a sell.

Good luck with your positions and health! :)

Stocktrader

P.S. I entered my first ever cloud stock yesterday with two VMW purchases at 85.00 and 85.20. The high P/E makes me nervous, but the business model is so impressive!

Stocks100 said...

Hi Stocktrader,

YES....today is a very good day for most participants.....

In "bear market".....it is important to book profit when it comes....because in bear market ..next day is not predictable.....thus my sale...

VMW was a good purchase.

YES..you have to factor 3 day WAIT in your decision making.

Good luck with your portfolio.

Saleem

c said...

HEy

What a great close

SOLD amazon and POT

I am still red in my buy of BIDU

AUY moved away from my target buyBest to all
best to all

Stocks100 said...

Hi C,

Good move "booking profit"...

We CAN buy the same stock IF it feels right.

Saleem

c said...

S

J Cramer
say tech is back as aChina is now in play

buy tech--you were right

now what is the best to own?

regards

Stocks100 said...

Hi C,

Many tech stocks are beaten down...PLCM,GOOG,RIMM to name a few.

Saleem