Markets are slumping from open....thanks to half baked proposal submitted by auto makers...I do not blame White House for rejecting their soft approach to dealing with deep rooted problems in Auto Industry.....
Gold UP $5.30
Oil Down $2.86
Canadian $ down again ..lower against US$ by 1.11 cent....huge move down.....
Most stocks are down including my portfolio...RED is the colour....
Hopefully we should see a recovery into close... !!!!
BLOG does NOT give buy or sell.
Saleem
7 comments:
SALEEM
Hello my friend
Here is DC we spne the tax dollar like drunken sailors
The market is very roiled and difficult to predict.
Good luck with your stock picks.
Cheers to all
Hi Madmax,
No LUCK today..it is all DEEP RED !!!
Markets are in REACTION mode to Autos !!!
Saleem
Hi Saleem,
What is a good entry point for RIMM? This sell off may be an opportunity to pick up a few shares.
Best Regards
Hi Standards,
My cost is $42.60....if you buy NOW...you are paying less than me!!!
Good luck in your decision.
Saleem
Hi Saleem,
Got RIMM for 42.50 thanks
Best Regards
Hi Saleem,
Funny how world markets show 5% declines overnight also. How can this be possible?
Best Regards
Hi Standards,
This bear market has proven to all of us that there is only ONE world market...they go UP & come DOWN together.....
Thanks to FUTURES..which prices everything in advance !!!
Saleem
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