Tuesday, December 20, 2011

Indices UP 2.60% to 2.84% in deeply oversold bounce.......

Indices are UP sharply, after being deeply oversold in last 8 day's.

Internals are positive by minimum 4 to 1.

Oil UP $3.42

Gold UP $20.50

Canadian $ UP 78 tick @ 97.08

VIX Down 7.1% @ 23.15..lowest level in months

In my portfolio :

Bought APKT @ $31.20

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

Most stocks are UP

@ 2.08 following are red :

RIMM.....

BLOG does NOT give buy or sell.

Saleem
at

10 comments:

  1. stocktrader_1996December 20, 2011 at 12:21 PM

    Hey Saleem,

    I decided to swap out LNG for GLNG--kept the natural gas exposure but went with the better chart and earnings profile--should have been obvious to me from the start! :)

    Stocktrader

    ReplyDelete
  2. Stocks100December 20, 2011 at 12:23 PM

    Hi Stocktrader,

    Good luck with your swap.....

    Overall a very good day for all $$$

    Saleem

    ReplyDelete
  3. cDecember 20, 2011 at 12:46 PM

    SALEEM

    What a mother of all rallies--yahoo

    good stuff
    C

    PS:
    you were correct AUY was a slow burn while APKT was a hot one!!!!!!!!!!!

    ReplyDelete
  4. Stocks100December 20, 2011 at 1:49 PM

    Hi C,

    APKT not only was hot today, but will remain hot for a while....that was the reason for last minute change of heart.

    Saleem

    ReplyDelete
  5. UpDecember 20, 2011 at 2:29 PM

    Saleem

    RIMM is going north after hour now

    ReplyDelete
  6. Stocks100December 20, 2011 at 2:46 PM

    Hi Up,

    Rumour about AMZN buyout ?

    It will be a great FIT !!!!

    Saleem

    ReplyDelete
  7. UpDecember 20, 2011 at 2:56 PM

    Saleem

    I read something like Kindle design look like powerbook so maybe AMAZON have this in mind all along. Maybe this another reason keeping AMZN on bay all this time. People don't understand why RIMM turn down the offer and stock still going up, it is all about companies out there are interesting to buy RIMM

    ReplyDelete
  8. Stocks100December 20, 2011 at 2:58 PM

    Hi Up,

    Denying rumour means nothing....playbook is a good tablet..just need email functionality.

    Saleem

    ReplyDelete
  9. cDecember 20, 2011 at 5:22 PM

    Saleem


    Looks like RIMM has huge interest!!! up??
    Are you going top buy more..???

    WOW CNBC was all over it tonight''J Cramer says sell the pretty girls
    BIDU, PCLN etc.
    Now I gotta sell BIDU

    Best to all

    ReplyDelete
  10. Stocks100December 20, 2011 at 5:33 PM

    Hi C,

    I will see what to do about RIMM @ open......

    I do not buy Jimmy's flip flop on every stock including BIDU...use your OWN judgement.

    Saleem

    ReplyDelete