Thursday, September 20, 2007

Mild pullback by markets on day three !!!!

Markets had a mild retracement after major two day moves......

NYSE & Nasdaq both managed many more new 52 week highs than new low .....

Today's mild pullback bodes well for friday's close......

In my portfolio :

SNDK,NVT were green for me......

WFR,FMCN,VMW & SWIR were red......

NMX was flat......

Among other stocks.....

GOOG racing to new all-time HIGH...

BIDU does not want to quit going UP....@ $300 the party should be over.....

SINA is in a major bull mode...went to new HIGH on 50% more volume....

EFUT UP $6+ +50% on 50 times the volume.....

STP getting close to top end of the trading range......

CMED got downgraded to hold by Brean Murray on valuation call...down $2.26 on 2 million volume ...highest volume in several weeks......Major support @ $36.49 and then @ $35............

GOOG new all-time high will get lot of coverage on TV........

Good luck on Quadruple witching Friday......we may see another short squeeze $$$$

BLOG does not give buy or sell.

Saleem

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