Markets closed near HIGH of the day $$$$

There was a tug of war between BULLS & BEARS........and the PUTS & Najarian INSURANCE crowd lost out AGAIN........

All exchange stocks were on FIRE ........

NYX,NMX,ICE,CME were all UP big........on HEAVY volume......

STP had the HIGHEST close ever.........went as high as $41.70......on more than DOUBLE volume...

RIMM tested its support 2 days in a row and bounced UP to close UP $1.82 to $211.07...further UP in AH.......

FDRY,SNDA were UP also.....

CMED my new addition to the portfolio closed UP $1.02 on average volume....it has a good chance to close @ new 52 week HIGH this week.......of $33.78 only $1.53 away........

YHOO I added more for the 5th day in a ROW......the pessimism is TOO MUCH in the stock price......YHOO will get its act together or someone ELSE will do it for them...either way I will come out AHEAD $$$$.

Today's YHOO intraday LOW could have made a SOLID double bottom......it went below previous low of $26.61 and closed @ $26.69......looking for a "ray of hope"....

BIDU kept "marching ON & UP on better than expected Q2 earnings"......

FMCN is marching ON towards new 52 week HIGH again.....int audit review must have been resolved.......UP $1.85....

JNPR closed @ new HIGH.......

SIRF UP $1.38 on heavy volume....

WYNN & LVS up strong.......

TZOO moving UP into higher channel.....

GRMN new HIGH.....

HOKU new HIGH

Hopefully there will be a follow UP rally on thursday......

Good luck on your diversified strategy $$$$

Next post @ 11AM est.

BLOG does not give buy or sell.

Saleem