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

10 comments:

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

Good luck with your swap.....

Overall a very good day for all $$$

Saleem

c said...

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!!!!!!!!!!!

Stocks100 said...

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

Up said...

Saleem

RIMM is going north after hour now

Stocks100 said...

Hi Up,

Rumour about AMZN buyout ?

It will be a great FIT !!!!

Saleem

Up said...

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

Stocks100 said...

Hi Up,

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

Saleem

c said...

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

Stocks100 said...

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