Monday, July 30, 2007

Markets bounce back from "oversold conditions"

Markets were all in "green @ close".......

Markets were "deeply OVERSOLD"...so a technical bounce was in order........

Markets were UP from .70% to 1%...S&P was the strongest ....as was evident whole day.....

Advancers led decliners by 900 on NYSE & 300 on Nasdaq......

Tuesday is month end...which should entail a "much stronger TAPE"

AH DXPE is down 8.....on lower than expected ER.......

SUNW had good ER......

My portfolio was all "green"...nice rebound from 2 days of selloff.....

RIMM was the star performer UP $4.44.......

SNDK was strong UP $1.73.......

SNDA UP 70 cents......

STP UP 41 cents.....

UXG was UP 24 cents ...that is UP 4.2%....

Overall portfolio was UP 2.64%........

MA was UP $10.56......

FSLR was UP $9.59 to new all time HIGH ......

BIDU has "resumed its march UP"....+$4.46...

Good luck for tuesday.........

BLOG does not give buy or sell.

Saleem

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