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

5 comments:

c said...

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

Stocks100 said...

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

stocktrader_1996 said...

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

Stocks100 said...

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

stocktrader_1996 said...

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