Markets are "scared" of afternoon.......they are panicking around 2PM ...sometimes they have "reason" to go down ...most of the time...they just dont like last 2 hours of trading.
Nothing earth shattering today but a RED close .
Decliners had a very comfortable LEAD.
Now we are down to the "wire" on many fronts.......
Fed verdict on thursday @ 2.15 PM.......
RIMM ER AH on thursday......
And...... the end of the MONTH.......end of QUARTER......end of SIX months......window DRESSING......starts from wed and continues until friday.............
Wall street just cannot keep a secret..........
If I were "you"....I will leave all the ABOVE " noise" items and buy high quality stocks @ attractive prices........
Markets will do what it is "pre-programmed to do"........just concentrate on individual stocks....every day fair number actually go UP.....no matter how bad the markets are or going to be....................
Make sure you are comfortable with your STRATEGY $$$$$
So which stocks did what in today's "sloppy market"....................
HOKU went to new 52 week HIGH.
GOOG did pretty GOOD.
STP became "alive today".
Uranium stocks took a "major beating"
NMX was sinking like "titanic".
FSLR went to another NEW HIGH.
LVS & NYX sank to new trading low in recent months.
BX went "below ipo price"......
Oil stocks like VLO.....were on clearance sale...........
Gold stocks were hitting " new" trading low.........
Other than that everything was "just fine".........
Cannot "wait to hear what Eric Bolling & and Pete Najarian plus Scared Money crowd will say"...I should be "all worked UP by 9 PM".........
Please continue to do your OWN due diligence & find your OWN comfort level.
BLOG does not give buy or sell.
Next post wed @ 11AM est.
Saleem
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