Tuesday, December 2, 2008

Markets recouped 40% loss from Monday..NICE !!!

Markets closed on a strong note on Tuesday.....S&P 500 was the strongest followed by NASDAQ and DOW.....

Markets are showing great resiliency & quick snap back even on bad sales data from Autos....

Most participant & follower of this crazy market are getting a sense of Bottom may be IN already.....

Markets are engaged in a basing process to move UP....

BLOG does NOT give buy or sell.

Saleem

2 comments:

standardshigh said...

Hi Saleem, Mad max,

Reading the Kiplinger report. It says shippers will be the first to benefit from a recovery. The recovery will grow quickly, more than the available ships to handle it, leading to bulk rates jumping. Interesting.

Best Regards

Stocks100 said...

Hi Standards,

Thanks for Kiplingers take on shippers....

Yes...this negative environment will turn for the better in new year....FEB will be the turning month confidence & economy wise.

Saleem