Friday, May 25, 2007

Shanghai UP 28.64 .7%...Futures UP !!!!!!

Shanghai was UP 28 points which is close to .7%.

Futures are all UP.

OIL is UP.

GOLD is UP.

Tokyo & Hang Seng had sympathy down move with US......which is very healthy for the markets.

NDAQ buying Nordic Exchange OMX for $3.7 billion.

Whenever there is a major DEAL...generally markets are STRONG in US & Canada.

Thursday must have been one of those "sharp & swift correction"which I have talked about over & over in this ongoing BULL market.

We should be FINE until next PAID prediction from Mr Greenspan.

Markets will be more VOLATILE during the summer months due to OIL/GASOLINE prices with hurricane season looming.

Good luck today in your trades.

Saleem

No comments: