Markets should have rallied hard on better than expected job loss & ISM report.....
But ???
Some hedge funds were positioned for worse than expected report.......
So what they do????
Tank the market in a CYA mode.....
Once the damage control IS done ...they will let the market to go HIGHER...
Oil is being pushed UP on the same old...same old....Iran fear mongering......
It IS interesting to note that IRAN & US have finally decided to COOL the rhetoric recently....
Will we see a SHARP reversal in oil price on Monday?????
In world politics...Deadlines come & go.....It is a negotiating TOOL.....
In my portfolio :
SOL Down 13 cents
RIMM down $1.87
HOD.TO down 27 cents
@ 11.26 AM the following are green in my watchlist :
CSIQ,FSLR,JASO,EGO(takeover?),LVS,SOHU,
UY,SNE,ABK(reduces CDO exposure UP HUGE %).
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi, everybody
Why calm? Sold SOL, MOT and 100 % in cash. Bought and sold ABK many many imes with 5 cent difference. Keep eye on ABK, MBI ????Looks cheap.
BUying back SOL at the end of the day.
Good luck to all.
Hi, everybody
Why calm? Sold SOL, MOT and 100 % in cash. Bought and sold ABK many many imes with 5 cent difference. Keep eye on ABK, MBI ????Looks cheap.
BUying back SOL at the end of the day.
Good luck to all.
Hi, everybody
Why calm? Sold SOL, MOT and 100 % in cash. Bought and sold ABK many many imes with 5 cent difference. Keep eye on ABK, MBI ????Looks cheap.
BUying back SOL at the end of the day.
Good luck to all.
Hi Ds,
End of the day...SOL MAY be much higher ????
ABK had $150 million positive news that is why it is UP HUGE $$$$
Saleem
Hi, salim
I am in front of computer , keep watching and might buy back early if it break 16.
thanxs
Hi, salim
I am in front of computer , keep watching and might buy back early if it break 16.
thanxs
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