Wednesday, March 11, 2009

Market losing steam.....

Markets are drifting to break even area after being UP.....Nasdaq still the stronger index...

Profit taking & not believing in sustained rally is the culprit....

LDK reported Loss & guiding lower for 2009 ..most solar Down & LDK hitting new 52 week low.

GOLD is UP $9.70 & Gold stocks are UP....

Oil Down 71 cents....

@ 12.32 following are green in my watch list :

IPI,AGU,AAPL,RIMM,PMCS,MRVL,NVDA,
CY,KGC,SLV,POT,CCJ,BIDU,SOHU,ABX,
GS,GOOG,MON,GG.

BLOG does NOT give buy or sell.

Saleem

3 comments:

madmax said...

SALEEM

I felt that it was not a bull rally

It will come, however!

GE is down a little but GS up 8% as are the AGs up!
My DSX is pooping on me.. Ouch

Stocks100 said...

Hi Madmax,

As long as you have more green then you are doing OK....

Markets are trying to close green...

Saleem

standardshigh said...

Hi Maxmax,

Hang in there on DSX. Things will change in time. People are switching positions due to upcoming rule changes.

Regards