Tuesday, July 1, 2008

Markets went DOWN & coming right back UP...what else IS new ???

Markets are showing classic "deeply oversold conditions"

Markets were looking for "any excuse to make a bottom"

ISM provided that "excuse"

Data has been "negative for a long time"....so a bounce UP in DATA is INEVITABLE......

AAPL,RIMM showing strong leadership today after testing their "support".....

Markets will "continue to do...what it NEEDS to do"...but stock selection IS key in any market!!!

In my portfolio :

MRVL Up 2 cents

SOL Down 75 cents

@ 11.18 AM the following stocks on my watch list are green :

AAPL,RIMM,TOL,BRCD,ICE,LRCX,NVLS,BIDU,
ABX,GOOG,FWLT,QLD,GS.

BLOG does NOT give buy or sell.

Saleem

3 comments:

dslnbull said...

Hi, salim
I bobut ught today SOL 16.17. No clue what is going on?

Stocks100 said...

Hi Ds

Markets are in FREEFALL.....

Everything IS being taken down including SOL ....

Saleem

Anonymous said...

Looking at my stock lists, it seems the only thing the world needs is a cell phone. LOL