Thursday, January 22, 2009

Dow crawls back UP from 7957.14 to close @ 8122.80 !!!

Dow is trying to make a solid stand to close above 8,000 back to back......

GOOG came out with good ER......

GOOG,AAPL,POT,IPI,CMED,BIDU,LULU,GS,DUG were strong !!!!

GE reports before open.....Dividend will be the story !!!!!

DRYS cuts dividend & outlook...cuts expansion plans......took a major haircut Down almost $4 or Down almost 28%.....

Markets are extremely NERVOUS about MANY things..Economy,Profitability......

BLOG does NOT give buy or sell.

Saleem

3 comments:

standardshigh said...

Hi All,

I have to agree with Max on MSFT. Its just like buying a bond now. A miserly 2% dividend and little upside potential. This stock has languished for years. There are better plays. Darn that DRYS! They really had no dividend to speak of. BDI still looking good.

Good luck.

madmax said...

HELLO to all

Standards thanks for your acknowledgement about MSFT.
I was shocked about DRYS the BDI index is up again-hurray My DSX is still sinking as is FRO my oil tanker
FRO is actually storing oil in their tankers and parking it for storage.....

I am expecting POT and MON to recover very soon!
I have given up on Citi and FNM FRE Visa!
Financials are awful.

the bad news just keeps coming--we really need the President to focus on the economy and get it going, IMHO
Good luck to all gas in DC is $1.70

Stocks100 said...

Hi Madmax,

TOUGH & Difficult market to say the least....

Selling the dogs is absolutely critical to surviving in this market.

Saleem