Thursday, March 1, 2012

Indices UP .44% to .93%.......NICE !!!!

Indices are staging a major rebound, after profit taking yesterday.

Internals are positive by almost 3 to 1.

Oil UP 98 cents

Gold UP $10.50

Canadian $ UP 42 tick @ 101.53, another high in 5 months against US$.

VIX Down 5.97% @ 17.33

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

Here is my weighting in real time:

AMZN 22.88%

RVBD 21.11%

RIMM 19.97%

CNQ 16.00

MS 12.38%

LEN 7.66%

Exposure 127%

Most stocks are UP

@ 2.05 following are red :

RIMM,LEN,JCP,OCZ.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Hey Saleem,

    I've officially deemed my reason for being out as high oil prices in Europe given their already shaky economy. Is it a bad thing to come up with a reason after you've sold? Haha :)

    Stocktrader

    ReplyDelete
  2. Hi Stocktrader,

    Being out after making money is not a bad approach.

    Reason is important IF your entire thesis is based on it.

    Saleem

    ReplyDelete
  3. Saleem

    Refiners are hot
    My COP and TOT are smoking

    AUY did not pop much

    cool stuff for MS----$$$$$$$$$

    C

    ReplyDelete
  4. Hi C,

    I am glad some of your stocks are HOT..HOT..HOT...

    RIMM is very COLD..COLD..COLD for me.

    Saleem

    ReplyDelete