Dow came awfully close to 52 week low today @ 7723.61 low point so far.....previous closing low of Nov 20th is 7392.27...mere 331.34 points away......it IS quite possible that we could go BELOW previous LOWS as sentiment is decidedly weak based on the TAPE......
Gold is UP another $4.70 to $948.50 another 7 months HIGH......Gold stocks are down with the market & also they need a rest......
Oil is down another $1++ ready to challenge previous LOWS.....
In my portfolio :
Bought IPI cost $21.75
Bought RIMM cost $48.50
Portfolio is TOL,GERN,XLF,IPI,RIMM.....
TOL Down 57 cents
GERN UP 40 cents
XLF Down 43 cents
IPI UP $1.31..I am UP $1.56
RIMM UP $1.19..I am UP $1.45
@ 12.05 following are green in my watch list :
VLO,ABX,NVDA,PMCS,ISRG,CMED,GOOG,
NDN,AAPL,AGU,DUG....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Looks like they are trying to test the previous low. What do you think?
Best Regards
Hi Standards,
We are close enough to LOWS...but if we do not break today..we should be OK....
We are oversold & selling is getting exhausted....
I like to buy near lows..which I did today.....
Many stocks are very healthy...a very good sign !!!
New lows list is anaemic near LOWS...a very good SIGN !!!
Saleem
Saleem
hello
Low are not busted
Hurray
LOoks we go up
Look at my AAPL and MON. and Visa up 2.6%
lets hope that tomorrow is the mother of all recoveries!
Hi Madmax,
Yes.....
Friday will be a "barn burner day"
Looks very GOOD$$$$
Saleem
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