Indices still green, on improving US economic picture....NICE !!!!

Indices are green, after many US economic data were better than expected.

Gains are muted so far, as many so called pundits are short this market. They will only cover when they see serious losses.

We know for sure, that all Jimmy the Cramer followers are out of this market as he told them to cash out yesterday @ lows of the day. He is the-best contrary indicator of all times. Even Fast  (PANIC) Money were all bearish.....nice way to know when turn is imminent......

Internals of the market are positive.

Gold Down $12.50

Oil Down 90 cents

Canadian $ UP 47 tick @ 96.69

VIX Down 6.37% @ 24.38...best proof that year end rally @ hand.

In my portfolio :

Added 110% CNQ @ $33.67

Portfolio is CNQ,LVS,LULU,M,RIMM,RVBD,SNDK

Here is my current portfolio weighting :

LULU 21.09%

RIMM 16.37%

LVS 15.55%

M 13.11%

CNQ 12.97%

SNDK 10.48%

RVBD 10.43%

Extremely disappointed with thousands of analysts, who are extremely negative on RIMM, could NOT make new 52 wk lows today. They are losing their collective power...they had 16 million shares traded so far but no new lows?? maybe they will try again near close........or AH ?

RIMM reports tonight, which will be a non event. Only part in guidance which will be of any consequence will be their handset Sales for Q4...genius on wall street have it @ 12 million units....

Most stocks are UP

@ 2.04, following are RED :

LVS,RIMM,RVBD,SNDK,BIDU,COH,CMG,
APKT,OTEX,GS,FCX,MOS,VMW,QCOM,CRM,
ARUN,SLW,SU,AEM.....

BLOG does NOT give buy or sell.

Saleem