Markets are showing confidence in Treasury Secretary Paulson & Fed chief Ben Bernanke explanation of process to manage $700 Billion package.From the sounds of it so far...they are very clear in their plan and will help US economy in a big way......
In my portfolio :
BRCM Down 77 cents
JNPR Down 47 cents
NVDA UP 4 cents
PMCS Down 17 cents
SOL Down 27 cents
VMW UP 93 cents
@ 12.04 PM following are green in my watch list:
STP,V,TKC,CTRN,ICE,YHOO,NDAQ,WYNN,MA,
BIDU,WYN,NYX,VLO,SPWR,VAR,IBN,GOOG,
RIMM,AAPL,ISRG,HOD.TO,HBD.TO,QLD,MA,
DUG,GRMN,HPQ.
BLOG does NOT give buy or sell.
Saleem
4 comments:
hi saleem,
i bought celg(150 shares) only for a swing trade. i hope the market would bounce back. cost 64.01. i thought some good new would come from bernakie and paulson. it seems they dont have a clue either. i was expecting the market to bounce back. let us hope for the best and prepare for the worst.
steve
Hi Steve,
Markets are always tough near bottom......it drops on no news and jumps UP on major news....like fed bailout....then lose it all...
Markets are still trying to find a bottom which MAY be slightl above LOWS......
Good luck with CELG !!!
Saleem
Hi Saleem,
Hey how about FRE and FNM getting some needed boost! Otherwise not much fun today.
Gas tankers arrived today. A few stations opened and few closed. Many sit idle for days now. EPA allowing air polluting gas to be sold to keep economy going. Lines at all the stations and pumps. People are scared and topping off everything they own. Me too.
Hi Standards,
Yes..FRE & FNM came back to life in a big way.
I am glad you are all filled up with gasoline.
Saleem
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