Tuesday, May 1, 2007

DOW showing strength AGAIN !!!!

DOW is showing ongoing strength so far...........

Nasdaq as usual is the laggard.

Bought more STP @ 35.50 .....STP is showing weakness for 3 days in a row.

Strong stocks are NVDA,MA,LVS,GRMN,RIMM.

Weak stocks are GOOG,WFR,FMCN,ICE,NMX,NYX,SNDK.

GOLD is showing continued weakness for several days in a row.........I believe gold is OVERSOLD now.

There is a good chance that markets may turn positive by end of the day.

Stay diversified.

Do your own due diligence.

BLOG does not give buy or sell.BLOG is for educational purpose ONLY.

Good luck on your trades.

Saleem

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