- Today Dow hits another record. Nasdaq was up 1.2% and QID lost 3%.
- RIMM was up 2.7% and all my puts were down more than that, even the Jan.2008 put.
- My head is bloody, but unbowed. I will continue to monitor QID and RIMM. Today's move may due to the OE this Friday, and people use Fed speech to squeeze the shorts.
- PM and uranium stocks did well today.
- I sold FRG early today since it's over bought at this moment, a small correction or pull back is very likely, my target is $11. EMU is up 5% and URZ is down 1%. FRG is the top target, it not only has uranium, but also gold, so a little bit safer than EMU and URZ.
- AEM is the lone downer in my PM holdings today since it is buying CLG. GG, SSRI and PAAS were all in green today and with gold continues its strength, I see them going much higher this Spring. GDX was up a solid 1.6%.
- Tomorrow market will consolidate today's gain. I won't be surprised it it goes down tomorrow.
- Will watch FRG and RIMM, to add FRG when it's a good entry; to buy RIMM put when it's a good entry.
- GRS, which is on my watch list, broke out today, up 6%. Too bad I sold it way too early and don't have any position now. Now I like IAG more than GRS, it's value is better than GRS.
Wednesday, February 14, 2007
Another record in Dow
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment