Thursday, February 19, 2009

Markets cannot get traction yet.....

Markets are struggling with negative picture again......

Dow low so far is 7479.73..only 87.46 points from bear low of 7392.27......

Market is not responding to positive news of LEI two months in a row...but looks on negative data about philly regional manufacturing....not a positive sign.....

Gold is UP $1.80

Oil is UP $1.54

@ 12.27 following are green in my watch list :

POT,IPI,CTRN,TKC,JRCC,BIDU,SPWRA,FSLR,
ISRG,GS,FWLT,MON,DSX.

BLOG does NOT give buy or sell.

Saleem

2 comments:

standardshigh said...

Hi Saleem,

Not much of a move down, but enough to get the media excited. Lowest in 6 years! They opine. Humpf. Gonna scare everyone out of buying goods. I'm going out to eat. Business as usual.

Best Regards

Stocks100 said...

Hi Standards,

Try to keep a healthy perspective on everything.

Enjoy your dinner !!!

Saleem