Wednesday, March 7, 2012

Indices UP .61% to .96% after one day slump.....NICE !!!!

Indices are defying bears with "no follow through", indices are nicely UP.

Internals are strong with almost 3 to 1 positive.....

S&P 500 high so far is 1353.14, where it is trading now.......

Oil UP $1.43

Gold UP $11.60

Canadian $ UP 15 tick @ 99.99

VIX Down 6.66% @ 19.48

Portfolio is AMZN,CNQ (reports before open),LEN,MS,RIMM,RVBD

Most stocks are UP

@ 2.05 following are red :

CNQ,RIMM,FCX,GG.....

AAPL unveiled its iPad3 for $499...specification is much improved from iPad2.

Jimmy the Cramer sold majority of his portfolio when Dow was down 200 points & declared last night, "this market has CHANGED for the worse. This CHANGE, we can all live prosperously. First rule of investing, never sell on slumping day. Second, do not look "stupid very next day"...let us see how he weasel out of this retarded call?

BLOG does NOT give buy or sell.

Saleem
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3 comments:

  1. stocktrader_1996March 7, 2012 at 12:34 PM

    Hey Saleem,

    Dabbled in a few commodity stocks:

    Bought FCX 39.04, CLF 60.31, SWC 12.81

    Stocktrader

    ReplyDelete
  2. Stocks100March 7, 2012 at 12:45 PM

    Hi Stocktrader,

    You had great luck with SWC each time.....

    Good luck with your picks$$$$$

    Saleem

    ReplyDelete
  3. cMarch 7, 2012 at 12:51 PM

    Stocktrader

    Joining me in the pain of FCX--go daddy

    as for CLF --that is a goodie
    I still say if APPLE comes in I am getting some again
    Financials are hot again--GS and my MS
    best to all

    ReplyDelete