Friday, March 27, 2009

Orderly pullback in a bull trend......

Markets are following a classic bull tape pullback.....

Down early and trying to stabilize as the day progress.....

Markets are certainly giving signal that bear tape is all KAPUT !!!!

Gold Down $17.10

Oil Down $2.15

Canadian $ Down 59 tick

Surprise surprise..VIX @ 40.73 UP only .92% on a down morning !!!!

Portfolio RIMM,IPI,GNK,PMCS,PALM......subject to sale !!!!

@ 12.10 following are among green :

RIMM,IPI,GNK,PALM,POT,LULU,EGLE,DSX,
VAR,GERN.

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. standardshighMarch 27, 2009 at 9:47 AM

    Hi Saleem,

    BDI still showing weakness down to 1678 now.

    Market looks healthly to the upside.

    Best Regards

    ReplyDelete
  2. Stocks100March 27, 2009 at 9:50 AM

    Hi Standards,

    GNK,DSX,EGLE are all UP when BDI is down..is a good thing !!!!

    Market looking GOOD !!!

    Saleem

    ReplyDelete
  3. cMarch 27, 2009 at 10:49 AM

    Hi SALEEM and all

    My DSX is up nicely congradulations on EGLE up 6.4%.

    Looks like GE and GS caught a cold
    Even my APPLE is off!
    Looks liek we can not break the 75 day moving avarage.

    What is next red close

    Have a great weekend all

    ReplyDelete
  4. Stocks100March 27, 2009 at 11:24 AM

    Hi Madmax,

    DSX is showing relative strength alongwith EGLE.....

    It is a "normal tape & a healthy tape after such a huge gain"

    Close should be interesting...wave of BUYING before close ????

    Saleem

    ReplyDelete