Markets are predicting another sharp drop @ open........
This is another version of jawboning by wall street to fed ...to lower fed funds rate.....
As I have done myself...have a reduced exposure to market ..until we see strength......
Normally strong stocks are holding their own.....and they normally are higher when market improves....
I still have the same portfolio :
AAPL,SINA,FMCN & RIMM......
My canadian $ short is working like a charm.....I am already UP 1% today as Canadian $ is tanking against US$ big time..due to poor retail sales in Canada.......
GOLD is UP $6.90
OIL is UP 29 cents
Good luck @ open......
BLOG does not give buy or sell.
Saleem
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