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
at

6 comments:

  1. stocktrader_1996September 7, 2011 at 11:26 AM

    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!

    ReplyDelete
  2. Stocks100September 7, 2011 at 11:36 AM

    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

    ReplyDelete
  3. cSeptember 7, 2011 at 2:00 PM

    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

    ReplyDelete
  4. Stocks100September 7, 2011 at 2:15 PM

    Hi C,

    Good move "booking profit"...

    We CAN buy the same stock IF it feels right.

    Saleem

    ReplyDelete
  5. cSeptember 7, 2011 at 3:12 PM

    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

    ReplyDelete
  6. Stocks100September 7, 2011 at 3:56 PM

    Hi C,

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

    Saleem

    ReplyDelete