Monday, November 24, 2008

All Indices closed UP from 4.93% to 6.47%...NICE !!!

Markets are dealing with lot of positives from proper injection of funds to C to Barak Obama announcing his complete economic team of ALL STARS......

Obama is using words which ensures CONFIDENCE like saying he wants to JOLT the economy with STIMULUS & Job creation programs......he is pushing URGENCY & READINESS on DAY 1 of his administration.....

Looks like WEAKNESS needs to be BOUGHT.....

I added another ETF HJU.TO which is for Emerging markets Double bull....My cost $3.12 which was bought @ 84.82% discount from HIGH......

My portfolio is HOU.TO,HXU.TO,HQU.TO & HJU.TO...all double bull ETF.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

standardshigh said...

Hi All,

Nice little rally off low. No real reason to buy here. Confidence rally only, bargain hunting, no economic good news. We may get stuck in a trading range waiting for things to turn around. IMHO

Best Regards

Stocks100 said...

Hi Standards,

Yes....you could be right on the money!!!

We will see how the close is today...

Saleem