Wednesday, January 28, 2009

Markets GREEN loving "bad bank" idea...

Markets got the much needed boost for financials..with the BAD BANK idea being considered....

Most sectors are participating in this RUNUP except Gold & some Pharma......as they are CONTRA trend play.....

Gold Down $12...

Oil Down 40 cents....

In my portfolio :

Bought XLF ETF for US financials...as current administration is going to come up with new & better ideas to help Financials & economy.....my cost $9.95

HGU Down 89 cents

GERN Down 2 cents

XLF UP $1.02..I am up only 21 cents

Canadian $ is UP 1.27 cents against US$..as Budget was stimulative & will pass the parliament...

BLOG does NOT give buy or sell.

Saleem

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