Thursday, July 24, 2008

Markets near low of the day.....

Markets are weak in all indices....

Oil sightly green......

In my portfolio :

Sold AGU & booked a loss of $1.32 per share......

SOL down 88 cents

@ 11.38 AM the following are green :

AMZN,BIDU,EGO,CTRN,ICE,YHOO,SOHU,
SNE,VAR(new high),DUG.....

POT had blowout ER..Ag sector was UP but reversed course...a bad Technical indicator... MUST accept verdict of market.

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

SALEEM

I am sorry my friend for the AGU loss.
Fir a MT hold it was a good bet!

What are you looking at now
Visa, CMED?

Cheers

Stocks100 said...

Hi Madmax,

Already bought RIMM...showing relative strength !!!!!

Saleem

A D said...

Hi Saleem -

Any idea as to what caused AGU to drop the way it did today?

Thanks,
AD

Stocks100 said...

Hi Ad,

AGU had a technical breakdown as it fell AGAIN from/near 200DMA...it may head to 50DMA....

Sentiments is not positive for AG after POT failure to rally...daytraders bailed....

Saleem