Tuesday, February 24, 2009

Mild technical bounce in markets.....

Markets are showing green ...which is better than red......so far !!!!

Nasdaq is the strongest index with 1% gain.....

Fed chief is also highlighting the need to shore up banks or else no recovery in 2010...BUT if banks are made stable then he is predicting recovery in 2010......

Gold is down sharply ..Down $24

Oil is flat.....

@ 11.53 AM following are green in my watch list :

RIMM,AAPL,AGU,POT,FSLR,GOOG,BIDU,GS,MA,
PHM,MRVL,NVDA,YHOO,JRCC,SOHU,VLO,SPWRA,
SNE.

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

SALEEM

I told ya I felt it in my bones--GREEN

Market going up -- No shorts here

Yes, I know the market has been one way for over a year now the time to get some gains But I got no new money to invest!

TIme for new directions

Stocks100 said...

Hi Madmax,

Yes....it is looking good NOW !!!!

Good luck in your portfolio.

Saleem

punbr said...

Anyone buy my recs from last night? FAS up 25%, GS up $10.50, my FAZ short is working, FAZ currently down $18.70. This morning just for fun, since GS looked so strong, I bought 10 Mar $120 calls for .16. I now wish I had bought 1,000 of them, as they are now bidding .40.

Stocks100 said...

Hi Punbr,

Your strategy was "right on the money"....

Saleem