Friday, December 5, 2008

Market defies common wisdom by closing UP !!!

Market were suppose to tank below 8000....so all the so-called smart buyers can buy @ attractive level.....

Guess what.....so-called smart buyers ended up buying near higher end of the trading range....

Also ....shorts were sure that we will test the lows again.....so they are wondering this weekend what to do now.......????

I guess short covering will be the order of the week......

Market is all set to go to higher HIGHS......

By 10 AM Saturday,I will list technically weak,strong & buy rated stocks.

BLOG does NOT give buy or sell.

Saleem
at

2 comments:

  1. MadmaxDecember 6, 2008 at 6:05 AM

    HERE is a tasty titbit:

    Read it:ttp://www.fool.com/investing/small-cap/2008/12/06/heres-your-shot-to-score-big.aspx

    ReplyDelete
  2. Stocks100December 6, 2008 at 6:37 AM

    Hi Carlton,

    Thanks for your link to fool.com.

    Saleem

    ReplyDelete