Markets turned slight negative @ close.
Market internals were decidedly negative all over.....
S&P did a face saving "green"....but barely !!!
Markets are become a story of rotating strong stocks going against the trend by jumping to new HIGHS on a daily basis......
Staying in strong stocks are paying big time in a diversified mode......
All my stocks were green except SNDK...which has become more of a yoyo stock and trading which ever way it wants.....SNDK down $2.50.....
VMW had the highest close today UP $1.65.....
John Chambers of CSCO gave a ringing endorsement to VMW "touting this red hot technology of virtualization which will foster a second internet boom to echo the heady days of 1990s"........as keynote speaker @ VMworld conference.....Today !!!!
RIMM closed UP $2.43 after touching all-time HIGH....
NVT went to new HIGH...closed UP $2.47.....
CMED closed UP 56 Cents......
Casino stocks stole the limelight by jumping to all-time highs LVS Up $7.94 & WYNN UP $5.86 joined the party !!!
BIDU is in uncharted territory UP $3.08....
JNPR new high UP 92 Cents........
SOHU new high UP $1.45....
Markets basing nicely @ these level.....readying for an explosive move UP $$$$$
Stay in strong stocks in a "diversified mode"......
BLOG does not give buy or sell.
Saleem
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