Monday, March 23, 2009

Nasdaq / S&P 500 above 50 DMA....Dow closing in $$$

S&P 500 is also above 50DMA alongwith Nasdaq......

Dow is also closing in towards 50DMA....

Much anticipated Toxic relief for banks are in the works.....

Markets are relieved @ this timely announcement below 50DMA.....

Technically today we are looking much healthier as all index are strong......

My portfolio is RIMM,IPI,LSI,GNK...subject to sale !!!!

Most stocks are UP......

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. standardshighMarch 23, 2009 at 10:54 AM

    Hi Saleem,

    A far cry from what CNBC was spouting this weekend. "Sell sell sell"

    This action is impressive.

    Best Regards

    ReplyDelete
  2. Stocks100March 23, 2009 at 10:59 AM

    Hi Standards,

    CNBC has very LITTLE credibilty left.....for thinking mind....

    Market IS smarter than all of market participant...

    SO...it pays to be invested !!!!

    Saleem

    ReplyDelete
  3. UnknownMarch 23, 2009 at 3:25 PM

    Hi Saleem,

    Nice rally! VIX not breaking down however. Will be interesting to see what ensues.

    Best to you

    ReplyDelete
  4. madmaxMarch 23, 2009 at 3:31 PM

    What a rally

    Hurray
    what a relief rally
    Hurray--this so GOOD! for us
    Lets see what tomorrow brings

    ReplyDelete
  5. Stocks100March 23, 2009 at 4:24 PM

    Hi Beatrice,

    Yes...Stunning move UP above 50 DMA...

    VIX staying quite stubborn @43.23.

    Saleem

    ReplyDelete
  6. Stocks100March 23, 2009 at 4:41 PM

    Hi Madmax,

    Never worry about tommorrow.....

    Always enjoy todays HUGE move UP $$$$

    Prime Rib time !!!!

    Saleem

    ReplyDelete