Friday, December 12, 2008

S&P 500 LOW today 853.41....then bounced higher ???

Market were bracing for a major fall based on Republican agenda????

Republicans voted down auto bailout after a month of testimony & grilling by lawmakers......what a waste of time for everyone...I guess they are elected to waste time ?????

This CHARADE of interest in automaker troubles makes no sense......

It is time to move ON & get this economy MOVING...Auto & all sectors....politics must take a back seat to getting the job done?????

In my ETF portfolio:

HOU Down 32 cents..GS predicting $30 Oil....cheaper than water????

HMU UP 12 cents

HSU Down 8 cents

HQU UP 5 cents

HFU UP 12 cents

@ 12.02 PM following are green in my watch list :

AAPL,RIMM,URE,V,KGC,POT,CTRN,JRCC,
BIDU,NYX,ABX,SPWRA,GOOG,IPI,TOL,SNY.

BLOG does NOT give buy or sell.

Saleem

4 comments:

dslnbull said...

Hi all


very good so far. Bought GE several times ,and sold it. Sold SOL with 20 cent loss.. No position as time to go to work. Dont suck in now if you are not in front of computer.thanxs

standardshigh said...

Hi Saleem,

BDI going up 3 days in a row.

Have a great weekend.

Stocks100 said...

Hi Ds,

Great trade with GE....as long as you end up ahead in overall trade then it is great !!!

Saleem

Stocks100 said...

Hi Standards,

Shipping rate like anything else overshoots on both end....

Hoping for a strong close...which will build confidence!!!!

Enjoy your weekend..after driving to Oklahoma City !!!!

Saleem