Monday, March 9, 2009

Nasdaq made a new low but closed above old low???

Nasdaq went below old 52 week low but managed to close above previous day's low...barely by fraction???

Dow & S&P 500 managed to stay above 52 week low.....it is good to have non-confirmation....of any new lows in all indices.....

Warren Buffett had many things to say about what President Obama should do in terms of policy FOCUS.....

As I have mentioned also previously...President Obama should concentrate on fixing the economy FIRST & then work on many of his personal priorities....

Warren Buffett is clearly agitated that President Obama is doing too many things and CONFUSING everybody including wall street....he also mentioned that WHY pick a fight right now when we need co-operation of everyone to FIX the economy.....

Following were among green stocks today :

GNK,EGLE,DSX,GERN,SGP,MON,AGU,POT,IPI,
NDAQ.

BLOG does NO give buy or sell.

Saleem

3 comments:

madmax said...

SALEEM

I love your blog tonight -- right on

BO needs to get his focus on the economy or we may fall off a cliff

Regards

standardshigh said...

Hi All,

I agree BO should stop all the politicking, and focus. Going off like a shotgun is bad news, you hit a wide area but you're not very effective. We'll all get though this someday. Leadership is lacking so far.

Regards

Stocks100 said...

Hi Madmax & Standards,

Thanks for your feedback.

Barak Obama has to understand that he has no mandate for confusion or error....

One step @ a time.....

Saleem