Markets are stable for five days in a row.....sign of good things to come !!!!!
Fed chief tried to assure doomsters on 60 minutes that US economy is on the "mend" & it is OK to come out of their cave & save those soup cans for another decade.......
Gold Down $9....
Oil UP 50 cents after being Down $2....
@ 12.21 following are green in my watch list:
GNK,IPI,AGU,EXPE,AAPL,RIMM,STP,V,
C,POT,ICE,CCJ,JRCC,EGLE,NYX,VLO,
ISRG,SNE,IBN.
BLOG does NOT give buy or sell.
Saleem
2 comments:
SALEEM
wonderful blog-- thanks
Looks like the market took a hit today
Where did the late day sell off come from
GE was on track for $10 smackers so much doom and gloom being written about GE I will take the reverse side of that trade and get me some for my IRA LT hold
Comments
Hi Madmax,
I am paying attention to RSI in terms of buying or selling decision.
Markets have found bottom...but it is far from a bull run.....4 days UP 2 days down will not surprise me @ all.....
Financials may need a rest.....
GE on pullback should be added....below $9????
Saleem
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