Markets tumbled right @ open .......
Market searching for support......
GS ER was not bad under the existing scenario.....
Markets are trying to fight back towards positive.....but doing red & green every 15 minutes....
Feds will give comfort to the markets @ 2.15 PM in their verbage.....
This IS a difficult time for feds to deal with a system which was allowed to perpetuate for 10 years...
It is safe to FEEL that we are NEAR bottom.......
In my portfolio :
Bought JNPR.... my cost $25.31
Added more OIL.TO....my cost went down to $10.86
My portfolio is SOL,CSIQ,RIMM,PMCS,JNPR,GG & OIL.TO.....
OIL.TO Down 88 cents
GG Down 94 cents
PMCS UP 6 cents
JNPR UP 25 cents
CSIQ Down 16 cents
RIMM UP 12 cents
SOL Down 37 cents
@ 12.04 noon the following are green :
LDK,CMED,JASO,NVDA,POT,C,WYNN,MA,
BIDU,LVS,SOHU,VLO,SPWR,ISRG,XLF,
GOOG,FWLT,HOD.TO,LULU,DUG,AMZN,
EBAY,HPQ,SNDK.
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hi All,
Look at Oil tanking! $80 anyone? This should give the economy the boost it needs if only the retail would stop gouging. Governor of Georgia enacts emergency price freeze on gasoline due to IKE. The day before the announcement , retail raised their prices by $1! I guess the word was leaked out before the governor made his move. Now retail claims there is no gas to sell........huh? Good luck to anyone who adds to their positions today! Buy low sell high!
Hi Standards,
In Toronto they increased the price by 60 cents per US gln...now today they dropped the price by 40 cents per US gln.....all due to IKE....
This IS amazing because Canada produces all the oil it needs and has its own refineries coast to coast.....
I guess "greed IS good"
Saleem
Hi Saleem,
Ha Ha Ha! That's funny! Hey I wonder if they had the "IKE" run up any where else in the world?
Interesting green stock list you have.
Good luck this week.
Hi salim all
I cant believe that FWLT ,USB ????I took loss in frustration.Now i would have made big money.
thanxs
Hi Ds,
Market is playing "tricks" with every trader.....
So dont feel bad.
Saleem
this is a market bottom with record sell off and panic in the streets
NOw we have to be sharp and buy on any further weakness as this will end soon
RIMM was green as was FRO
My only green is Monsanto
Giddy up market
Cheers
Hi C,
I LIKE your enthusiasm for market bottom & buying near low.
I do concur $$$$
Saleem
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