Friday, September 30, 2011

Sold AUY & MU.....

Sold AUY

Sold MU

Portfolio is RIMM & LULU


Market exposure 24.4%

BLOG does NOT give buy or sell.

Saleem
at

16 comments:

  1. UpSeptember 30, 2011 at 7:22 AM

    HI Stocks100

    I think gold have see the low of this pullback, that is why i add instead of sell. Just asked yourself if you rather keep gold or paper money

    ReplyDelete
  2. cSeptember 30, 2011 at 7:28 AM

    HELLO all

    My thoughts exactly no paper here GOLD!!
    I still like my safety stocks --MO, JNJ, KMP, GIS. CLX which is recovering form Karl Icon debacle

    I own them and like them all in my 401K account for income and appreciation....

    APPLE is coming back up a little
    Looks like buyers are here again

    C

    ReplyDelete
  3. Stocks100September 30, 2011 at 7:34 AM

    Hi Up,

    Gold is building base now....

    Saleem

    ReplyDelete
  4. MichaelSeptember 30, 2011 at 8:21 AM

    Saleem,

    BIDU is up. It will break the resistance very soon. There may be light at the end of tunnel.

    Michael

    ReplyDelete
  5. cSeptember 30, 2011 at 8:29 AM

    HEY Michael

    Yes looking v good
    even apple got healthier
    I see more green then this morning

    Smile
    what you buying>>>

    ReplyDelete
  6. Stocks100September 30, 2011 at 8:31 AM

    Hi Michael,

    This is a crazy market, BIDU was @ $100.95 less than 2 hrs ago....now its $112.....this is not investing..its gambling....

    Saleem

    ReplyDelete
  7. stocktrader_1996September 30, 2011 at 8:50 AM

    Hey Saleem,

    You are right...definitely a lot of opportunity for day trading for huge gains. I really don't have that opportunity given my type of portfolio.

    I would personally be selling into strength. The high growth stocks are too broken to bottom today even though Friday short-covering might be the mood for now.

    I think there are still some quarter end effects happening as people are trying to mark up the good techs and the banks are lagging today.

    Be careful everyone! :)

    Stocktrader

    ReplyDelete
  8. Stocks100September 30, 2011 at 9:07 AM

    Hi Stocktrader,

    12% gain in two hrs...is scary.

    This is better than casino & racetrack..where even 2 to 1 odds does not win 90% of the time?

    I am extremely uncomfortable with12% to 15% intraday swings...god forbid IF you are caught on the wrong side?

    Saleem

    ReplyDelete
  9. cSeptember 30, 2011 at 9:38 AM

    Hello

    Saleem

    We all got caught in the head lights ( like a deer).
    some of us froze and some sold. I did some of both

    W Buffett says we are NOT in a recession.

    Lets see how we close--any predictions?

    Peace

    ReplyDelete
  10. Stocks100September 30, 2011 at 9:40 AM

    Hi C,

    We all have to live with our own decision...sometimes "rational decision" lose..sometimes "irrational decision" lose.....

    Only time will tell.

    I see no reason for a green close.

    Saleem

    ReplyDelete
  11. stocktrader_1996September 30, 2011 at 9:41 AM

    Hey c,

    I am very bearish into the close because of the MS fears. I don't want to sound alarmist, but please be careful.

    Stocktrader

    ReplyDelete
  12. cSeptember 30, 2011 at 9:50 AM

    HELLO Guys

    There are some very smart people out here

    I am certainly not one of em

    I am always learning
    thanks to all for your generous replies

    C

    ReplyDelete
  13. stocktrader_1996September 30, 2011 at 11:17 AM

    Hey Saleem,

    Wouldn't you know...my one biotech stock that I actually held through the last time I was out/short but decided to sell yesterday with everything else, is up 10+% today...GHDX.

    Timing is everything...

    Stocktrader

    ReplyDelete
  14. Stocks100September 30, 2011 at 11:21 AM

    Hi Stocktrader,

    We all have to believe that what is not in the cards, you cannot get.

    I am sure you are way ahead by selling other stocks.

    Saleem

    ReplyDelete
  15. stocktrader_1996September 30, 2011 at 11:24 AM

    Hi Saleem,

    Great points.

    I stepped in to buy it up 10% anyways--the news was exactly was I was looking for to drive growth going forward. My portfolio can handle one stock even in the worst of times :).

    Stocktrader

    ReplyDelete
  16. Stocks100September 30, 2011 at 11:34 AM

    Hi Stocktrader,

    Good luck in your faith in GHDX...conviction is a must in this environment...maybe next 20% is yours $$$$

    Saleem

    ReplyDelete