Markets are NOT able to find their footing for more than "ONE day @ a time"
So...here we go DOWN below 8,000 in DOW AGAIN......
The important question IS......is this base building near 52 week LOW..or a BREAKDOWN taking place????
In my portfolio :
Sold TAN....
Bought more of HGU.TO ..cost went UP to $12.18
HGU UP 6 cents.....
@ 12.18 following are green in my watch list :
AAPL,POT,V,DUG,CMED,SLV.
Jobless Claims & 5000 Layoffs by MSFT is putting FEAR back into market about economy.
Ralph Acompora..famed technical analyst is predicting Dow 6000 if Dow does NOT hold 8000...
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
After a couple of hours the markets starts trending up again. Are we testing a low or are buyers coming in at the low. Watching the buy/sell spread on Microsoft, there are more buyers than sellers at lower prices. Prices are tight, not loose. A good sign. Hang in there, always a storm before the sun shines.
Best Regards
Hi Standards,
YES.....
Market is finding footing near LOWS.
Market always surprise everyone...
MSFT is @ unreal bargain level imho.
Saleem
HELLO ALL
I disagree
I think Mister sofftie is a loser! Be careful here!
There are a lot better plays out their!
Do not ignore APPL and Blow out earnings of POT. Even CMED is showing some strength here. CSCO and QCOM are ok too!
God Bless you all even QLD wants to go higher because the APPLE news is so good!
Peace to all
Hi Madmax,
Your opinion is extremely valued from your perspective.
For some investor MSFT could be a great long term hold....because of price & dividend...it is a conservative play...
AAPL,POT,QLD are excellent buys NOW !!!
Saleem
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