Markets ended weak as far internals go.....decliners led ...new 52 wk low beat highs on both NYSE & NASDAQ......
Tuesday I am expecting Ben Bernanke to say "soothing things" to kick start market rally...
Markets are "deeply oversold"...so a technical rebound is imminent $$$$$
Strong stocks are the place to be...in a "diversified mode"
In my portfolio all stocks participated except NVT...which is taking a rest...
VMW shot UP $7.26 to a NEW HIGH on a very high 6.7 million volume....closed @ $76.76 ..UP further AH......
VMW will get lot of coverage in media with its VMW world conference starting tuesday till thursday......so even a layman will"know about its virtualization software"......thus more interest in company stock & future GROWTH $$$$$
AAPL had a nice day with 1 million iphone sold UP $4.94 above resistance of $135 !!!!
Good luck for tuesday.
BLOG does not give buy or sell.
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