Tuesday, February 28, 2012

Indices UP & in record level since 2008 & beyond.......NICE !!!!

Indices are all UP, despite poor manufacturing data.

S&P 500 went to 1373.04, highest level since 2008.

Internals are positive.

Oil Down 36 cents

Gold UP $14.60

Canadian $ UP 31 tick @ 100.42

VIX Down 1.04% @ 18.00

In my portfolio :

Bought LEN @ $22.59

Portfolio is AMZN,CNQ,LEN,RIMM,RVBD...

Exposure 113%

Most stocks are UP

@ 1.25 following are down :

LEN,CLF,COH,FIO,OTEX,VMW,FFIV,
QCOM,CRM,APKT,FNSR,WPRT,NVDA...

BLOG does NOT give buy or sell.

Saleem
at

5 comments:

  1. cFebruary 28, 2012 at 10:38 AM

    Salemm
    Best of luck with LEN

    I guess that you are comfortable with the ver slow market uptrend!

    We have been patient waiting for a reversal --none yet
    C

    ReplyDelete
  2. Stocks100February 28, 2012 at 10:42 AM

    Hi C,

    We can WAIT all we want, but IF market does NOT want to go down...then i slowly buy in..based on technical base formation....

    YES..i am comfortable with my exposure.

    Saleem

    ReplyDelete
  3. stocktrader_1996February 28, 2012 at 10:58 AM

    Hey Saleem,

    I didn't realize you made a new post already. I posted on the old one that I sold everything except APWC.

    SWC 15.01, KOG 10.46, CF 192.78, GHDX 29.17, MS 18.8515, CLF 66.056, LEN 22.5415, WPRT 43.65, GLNG 42.49, GWMGF 0.53

    Stocktrader

    ReplyDelete
  4. Stocks100February 28, 2012 at 11:03 AM

    Hi Stocktrader,

    I think it was a smart move to have a good gain in equity preserved.....

    You had great run for two months, you deserve a good rest.

    Saleem

    ReplyDelete
  5. stocktrader_1996February 28, 2012 at 11:05 AM

    Hey Saleem,

    Thank you for the kind words. I hope I can do as well next time I enter, but this is a good chance to reset for me. Good luck with your current positioning! :)

    Stocktrader

    ReplyDelete