Markets are being PUSHED lower & lower......on usual KNOWN concerns.....Economy,Retail,Health of Banks,consumer spending......
S&P 500 has given UP 100 points in straight line..a give back of 11.9% from recent high of 937...
My portfolio is all RED.....
Canadian $ is weak also down 91 tick...
Gold is improving....
Oil is improving...
Markets are improving...
@ 11.59 AM following are green in my watch list :
DUG,SNY,SNE.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Right on time! Look at the market in 2001-2002 recession. 2 deep drops then one last one a few months later. The last, did not break the previous low. Then up we went, never to return. History does repeat itself. Last chance to buy cheap coming up.
Or? maybe something else?
Best Regards
Hi Standards,
History is always a very good guide.....
Hopefully we are ready to turn....
Saleem
Chief Executive Steve Jobs said late Wednesday that he will take a medical leave of absence until the end of June. Chief Operating Officer Tim Cook will be responsible for day to day operations, Jobs said in a media advisory. "Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well," Jobs said in a statement. "In addition, during the past week I have learned that my health-related issues are more complex than I originally thought." Shares of Apple were halted at $85.33 in after-hours activity. End of Story
Hi Troy,
Nice to see your note again.
Hope Steve Jobs comes out of his health issues...we all need to pray for him!!!
Saleem
Post a Comment