Markets will remain volatile...which was evident today......
One day UP and next day DOWN...until Feds "satisfies BEARS that they are serious about helping economy with a rate CUT"
Based on ongoing odds...thursday should be an UP day......law of statistics working here !!!!
Believe it or not ......Nasdaq was the healthy one...more new 52 wk HIGHS than lows......
Markets internals "improved by close"
RIMM,SNDK & VMW was the weak ones.......have a" feeling"that $63.65 low on VMW may HOLD.....
NVT & EGO remained GREEN.......
Overall a bad day for me........
AAPL got sold off "on sell the news"...down $8++ AH
BIDU is the last stock standing on its own Two feet...UP $2.78 after hitting another 52 week HIGH......
GOOG is behaving well..UP $2.65..only $31 away from hitting new 52 WK HIGH.....
GRMN UP $1.42 after hitting another 52 wk HIGH........
Good luck on thursday !!!!
BLOG does not give buy or sell.
Saleem
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