Indices were recovering to 50 point loss on Dow ...when Rubin news hit the wire....so it was further selling on a non-event.....Indices lost from 1.64% to 2.81%
NASDAQ was the weakest thanks to comments from John Chambers that he does not see recovery in CSCO until 2010.....
First full week of 2009 was greeted with loss......
Next week SHOULD give us reason for GREEN as Obama 20Th Jan ceremony brings HOPE FOR A CHANGE in market.....Change we all can count on !!!!
Canadian $ recovered to Down 47 tick against US$...giving me less RED in my portfolio....
Surprise of two day's... was my EGLE which again failed to participate in Dry Shippers rally...TWO day laggard...NOT a good thing......
Even TAN was RED when FSLR,LDK were GREEN.....
By 10AM Saturday..I will list technically weak/strong/buy rated stocks....
BLOG does NOT give buy or sell.
Saleem
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