Markets are negative on the day when there is lot of excitement about Obama being President of US.....
Obama speech was far reaching & determined.
Obama will give fresh start to lot of ideas which is needed to bring the economy from current slump.....
Market is certainly NOT acting the way I was expecting today.....
Gold is UP $20....
In my portfolio :
Sold HEU yesterday in Toronto.....
Sold EGLE & HGU today.....
Current position is TAN......
TAN Down 47 cents
@ 12.57 PM following are green in my watch list :
KGC,AUY,VLO,ABX,GG,RIMM.
BLOG does NOT give buy or sell.
Saleem
GOOD luck to all
ReplyDeletethis is one tough market
I am so sorry that you had to sell EGLE, I liked that play
Oh Well
Cheers
Hi Madmax,
ReplyDeleteEGLE was NOT acting well for many days.
Market is definitely TOUGH.
Saleem
it seems nobody can save this market. it is really getting scary
ReplyDeleteHi Steve,
ReplyDeleteThe only thing one CAN do is to reduce or eliminate exposure.
Today's tape is extremely discouraging.
Saleem