Markets are in building support phase.......
Technicians/Hedge funds are STILL selling every rally to take the markets LOWER.....
Will they succeed in tanking the markets further????
I have serious doubt.....maybe a TOKEN low but nothing to hang their hat on......
This week IS very important for base building in markets......
IF markets do NOT hit new LOWS in a meaningful manner...then those waiting on sidelines will feel SAFE to do some buying !!!!
Next week will be very INTERESTING !!!!
In my portfolio :
Added 8% more SOL @ open...my cost went down to $19.42.....
AAPL UP $3.46 after reporting a very impressive 1 million 3G iphone sales in 3 days...Sales of add-on Application was also beyond any prediction......
SOL UP 58 cents
HOD.TO UP 3 cents
@11.29AM the following stocks on my watch list is green:
CSIQ(pre-release of Q2 results guiding higher for FY 08),
SOLF(announced contract),TOL,JASO,VMW,LDK,POT,
IPI,CCJ,JRCC,NDAQ,MA,AUY,ABX,FSLR,ISRG,AGU.
BLOG does NOT give buy or sell.
Saleem
SALEEM
ReplyDeleteHows things looking?/
It has been a disapointing day, I was hoping for a huge come back
M
Hi Madmax,
ReplyDeleteMarkets are trying to build support...& it IS looking OK....
OIL holds the KEY to this market...
OIL TUMBLES Market goes UP!!!!
Keep the faith !!!
Saleem