Markets looking STRONG !!!

Markets are showing strong resiliency to all the bad news which is coming its way.

This bodes well for future tape action.

Today Dow & Nasdaq both ended green inspite of housing & consumer confidence negative reports.

I strongly believe that both DOW & NASDAQ will show continued strength going forward.

The best strategy in this kind of environment is to play the rotation game for next day trade.

What is being left behind or beaten down today will catch-UP tommorrow.

Semis & TECHs are very attractive,so a heavy weighting in those sectors is desireable.

BRCM just started to move,so it looks strong.

NVDA just started its move,so it looks strong.

SNDK reports on thursday AH,so it is a turnaround story and started its move UP.

STP is the most undervalued solar play and should challenge upper end of BB.

SIRF should starts its move UP after finding support @ $24.99.

AMD wants to go higher after financing announcement.

PMCS has tested its support in $7+ area and looks good.

YHOO has found its support in $27+ area and may move higher.

CSCO can be accumulated on the current weakness due to its earnings next week.

RVBD had great earning and is UP $2++ AH.

AMZN had great earning & guidance and its Up $5+.

Please do your own due diligence.This BLOG does not give buy or sell....BLOG is for educational purpose only.

Good luck on your buy or sell.

Saleem