Thursday, May 24, 2007

Morning Selloff ?????

Markets took a mini-dive before noon as president Bush was talking about the threat of Al-Qaida.

Markets corrective episode this AM is a PAUSE in an ongoing bull market.

Market weakness is a good entry point for those trying to SWITCH from weaker stocks to stronger stocks.

Market weakness should be looked as an OPPORTUNITY to REVISIT your strategy & portfolio.

Nasdaq is the weakest after a strong showing in the past few trading session.Hoping that Dow will make another attempt in green after giving UP strong early gains.

Weakness is across the board techs,precious metals,base metals & Oil all WEAK.

What is working short term is RIMM,GOOG,AAPL,AMZN,GRMN,QID,NTRI.

Good luck in your due diligence.

BLOG does not give buy or sell.

Saleem

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