Monday, December 22, 2008

Losses around 2% in Nasdaq & S&P 500.....

Dow was the best index today after NASDAQ led the way on the downside followed closely by S&P 500...about 2% loss.....

Most sectors were under pressure thanks to analyst orgy of multiple downgrades......

By close .....indices recovered somewhat but decliners led the advances by 2 to 1.....

Only 1.5 days of trading left before Christmas day......

We MAY see a quiet rally taking hold before Santa comes to town.......

BLOG does NOT give buy or sell.

Saleem

1 comment:

Michael said...

Saleem,

Do you know why SDS, SMN, and QID down so much today?

Thanks.
Michael