Markets are trying to find support......
In the first 2 hours markets have come to the same levels 3 times.....
Dow 12,670 area
Nasdaq 2420 area
S&P 500 1380 area
are the battleground for support this AM......
Fed is trying their best to CALM the jitters by injecting liquidity.....
Worldwide Banks & Central Banks are trying very hard to inject liquidity & CONFIDENCE.....
So far very little has changed in this JITTERY environment....
Tech stocks will be the first one to turn UP.......
An important lesson to remember is "buy LOW & sell HIGH "
I have NOT made any changes in my portfolio...
I personally believe "the biggest GAINS are made with staying in strong & quality stocks".
Nobody has the "ability to call the bottom or TOP or to time the market"
I stay focussed on my due diligence and stay DIVERSIFIED.
Most of the indices are down pretty much the same in % terms.....@ 11.52 AM
Good luck in this correction...we have been HIT almost 10% across the board...?????
BLOG does not give buy or sell.
Saleem
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