Markets are following text book technical RETEST/SUPPORT in a hurry.....
Higher LOW is always a "good thing"...
S&P 500 52 week low was 839.80....so any support like 867.05 is HIGHER low.....
Markets are presenting an opportunity of CENTURY to buy good quality stocks in many sectors..
In my portfolio :
PHM Down 11 cents
NDN UP 29 cents
SOL UP 29 cents
RIMM Down 70 cents
UYG Down 67 cents
@ 11.39 AM following are green in my watch list :
STP,WFR,V,ICE,YHOO,LVS,SPWRA,FSLR,ISRG,
IBN,CMED,DUG,SDS,DXD.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Max,
Do you mean DSX? not DIA?
Standards
Standard
I meant DSX
Sorry about that
Looks to me like QLD found support at $28.27 look out for a run soon!
We may get a green close today
PLease look at the volume and you tell me
'Volume is huge here!
Comments
Saleem, Max & Standards
We got our FTD. Will the new leaders please step forward. Hope everyone had a good day.
Victor
Hi Victor,
What a re-assuring day in markets for all believers.
Saleem
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