Friday, June 22, 2007

It is the Bond Yield again !!!!!!

Markets are lower @ open....because of bond yield @ 5.1990...an UPTICK of .0360.

Expect markets to fight this negative bravely and close on a Higher note.

All indices are down close to .48%.

Even in this minor selloff some stocks are showing GREEN...and they are:

STP(what a surprise),SNDA,RIMM,JSDA,AMAT,CMED,SIRF (on a purchase),
GOOG(up $8),ICE,FMCN,CTRP,GRMN,TSL,SOHU.

Bear Stearn news is just a "noise"...what is couple of billion between friends.....in a thousands of trillion stock market................

Good luck on todays trade.

Due to allergy in my eyes...slept-in till 9.35 AM...a rarity.... normally get up around 6.30 AM.

This post was written around 10.00AM.

Will update around 1PM EST.

BLOG does not give buy or sell.

Saleem

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