Thursday, December 11, 2008

Market READY to BREAK resistance on S&P 500???

Markets are making a nice base before taking a run @ much HYPED & FEARED S&P 500 900 resistance......It will be a piece of CAKE...try not to tell that to Macke of Fast Money who seems to be STUCK in a fading BEARISH DREAM.....

In my ETF portfolio :

Added Financial Canadian ETF of HFU.TO my price $5.34......this index is down almost 70% from my purchase price....

HOU UP 51 cents or +16.6%

HMU Down 8 cents

HSU UP 3 cent

HQU UP 3 cents

HFU Down 9 cents.....

My Canadian $ SHORT against US$ is great for the last two days..today CAD is UP almost 3 cents against US$......

@ 12.02 PM following are UP in my watch list :

BIDU ( on lowered guidance for Q4),AAPL,RIMM,
V,KGC,POT,ICE,CCJ,JRCC,LVS,SOHU,NYX,GG,
ABX,VLO,SPWRA,ISRG,FSLR,GS,VAR,GOOG,FWLT,
LDK,CSIQ,DIG,SGP.

BLOG does NOT give buy or sell.

Saleem

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