Thursday, February 5, 2009

Dow back above 8,000..closing @ 8,063.07 !!!!

7845.31 was the low on Dow...awfully close to 52 week low of 7392.27.....but Dow managed to close UP & ABOVE 8000 @ 8063.07......

White House is looking @ bad bank idea again.....which lifted financials from LOWS....

Stimulus package will be revealed on Monday by Secty of Treasury...which should keep the momentum in the market......

In my portfolio :

Sold IMG.TO...

Bought more XLF..cost is $9.95

Bought TOL cost $18.17...there is $15,000 incentive to buy any type of house in stimulus package....which should help builders like TOL to come out of slump.....

Portfolio is GERN,TOL,XLF......

AH ER are negative again ESLR & JDSU to name a few......

BLOG does NOT give buy or sell.

Saleem

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