Wednesday, February 18, 2009

Dow had support @ 7480 area ???

Dow came very close to bear low of 7392.27....BUT @ 7480 selling has stopped this AM.....

IF.... we find support ..it will be good for market psychology......

President Obama has come up with measures which should help market & consumers psychology...@ least everyone will see that measures ARE being put in place to help ailing economy......

Worldwide stimulus from China to US should restart world commerce.....

@ 12.30 following are green in my watch list :

V,POT,CTRN,CCJ,YHOO,NVDA,NDAQ,
MA,BIDU,NYX,SPWRA,CMED,GOOG,
AAPL,MON,AGU,IPI,FXI.

BLOG does NOT give buy or sell.

Saleem

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