Markets have discounted "mother of all issues today".....you name it market have discounted it today...Sky High Oil done,Low US$ done,Lowest consumer confidence done,High inflation done,threat of attack on Iran done....
So...the word is DISCOUNTING done,done & done.....I think so !!!
So...Dow low today of 11725.52 is "where the BUCK STOPS"......
Very interesting tape today.....some stocks showing that they want to run higher after finding support.....AAPL,CTRP,LULU,GS,C,LDK,TOL,DUG,FMCN,NYX,NVDA,
JNPR...to name a few !!!
In my portfolio :
MRVL down 19 cents
SOL down $1.03
RIMM down $2.37
@11.21 AM the following stocks are green :
AAPL,CTRP,JNPR,LDK,C,CCJ,NYX,NMX,ABX,GSI,FMCN,
LRCX,DUG.....
BLOG does NOT give buy or sell.
Saleem
6 comments:
Looks like my GS is back!!! Market in a up turn
Did you predict the red to green SALEEM>>?
Smile
Hi Madmax,
Financials are back in a big way...quadruple bottom???
Enjoy the "green" !!!!
Saleem
Whoa! that was strange! Down then up 100 pts in the Dow. I guess (they) could no longer get any mileage on the down side so buy. Tons of bad news today, I expected much worse in the markets. Uncle Ben says we are on the verge of the big "R". Could it be true? Lots of activity in ATL, some markets are weak, some are strong. Housing neutral to slightly up 2.2% price increases metro wide. Consumer entertainment and luxuries are weak.
Best Regards
Hi Standards,
There IS such a thing as "oversold"..
Markets are oversold...
Financials are oversold...
Housing are oversold...
So...time to take everything UP !!!
Saleem
Today was NOT very much fun.
Hi Victor,
Red is the colour for most stocks???
Saleem
Post a Comment