Tuesday, January 27, 2009

Market ignoring Housing stat..staying GREEN !!!!

All indices are sporting GREEN...despite housing prices plummeting 18.2%....

AXP is giving support to financials & market by having a half decent ER AH.....

GOLD Down $9

Oil Down $2

Silver is green....

Canadian $ down 40 tick..jitters before Budget @ 4PM....

In my portfolio:

HGU UP 7 cents

GERN Down 57 cents

@ 11.48 AM following are green in my watch list :

XLF,STP,WFR,V,SLV,C,CTRN,ICE,CCJ,JRCC,
MA,NYX,SPWRA,FSLR,ISRG,SNE,GS,VAR,
GOOG,IBN,AAPL,RIMM,CMED.

BLOG does NOT give buy or sell.

Saleem

2 comments:

standardshigh said...

Hi Saleem,

Wow! Hey watching CNN for just a few minutes today and I would have been convinced we were headed for a depression this year. No wonder people are afraid to spend their money. The market maybe telling us another story. Slowly starting to rise while no one is watching?

Best Regards

Stocks100 said...

Hi Standards,

Once any news is all over TV,Newspaper & magazine...then it is generally REVERSING.

Yes...Markets are TRYING to look BEYOND current news.....

Saleem