Oil is flattish...
Gold is down $6...
NASDAQ is Down almost 40 points....the weakest so far ???
LDK upping its guidance for 09...giving a big boost to its stock price UP almost $4 so far....
In my portfolio :
SOL UP 18 cents
CSIQ Down 1 cents
AAPL Down $2.67
RIMM Down $2.65
@ 11.30 AM the following are green :
BIDU,LVS,DUG,DXD,SDS,QID.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
It appears that financial's are once again taking center stage. AIG is getting hounded to death. It appears to be a focused attack. Interesting how the offending parties all strike at about the same time. GS once again in the mix. ATL gas $3.65 dropping. Unemployment rising. We are the last to see any effects of recession due to our broad employment base. I'm seeing more and more taking the pink slip.
Best Regards
Hi Standards,
Financials are mixed..FNM & FRE are UP huge ???
MM are controlling markets on slow volume days....
Saleem
Hi Saleem -
Are you still in RIMM? Its looking weak today, but the volume is very low. Any thoughts?
Thanks,
AD
Hi Ad,
Yes I am holding RIMM & AAPL...
They are weak due to market selloff.
They will rebound with market.
Saleem
Hi Saleem,
Yes, FNM and FRE are moving fast, loads of big blocks being traded. I'm wondering if the word is out that no default is in the works. Those clever MM's are scooping up the cheap shares before anyone else. Unusual behavior of stocks going to zero.
Best Regards
Hi Standards,
I think MM are selling to suckers..before FNM & FRE goes to zero.....
Saleem
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