Tuesday, March 10, 2009

Strong rally of almost 6%.....so far $$$$$

Markets are celebrating that a bank like C IS making money in this recession ridden environment.....in Jan & Feb.......surprise surprise to depression pundits???

Can you imagine how profitable are techs,Ags & other sectors.....food for thought for those who were reading too much negativity.....

Gold down almost $15...went below $900???

Oil UP 44 cents to $47.51...farewell to low $30's...

C analyst gave a bullish call on Canadian $ saying it is "undervalued against US$" UP $1.17...feeling much better about my conviction for CAD in my long position....

Most stocks are UP some are UP almost 10%...nice ,nice,nice......

BLOG does NOT give buy or sell.

Saleem

4 comments:

standardshigh said...

Hi Saleem,

Bought GE today, missed the first run to squeeze the shorts, much more will come if they put the uptick rule back in place. This is a 'short' rally to jump ship.

Regards

Stocks100 said...

Hi Standards,

Financials have seen the end of negativity...now they will build from here.

Uptick rule is coming in April thanks to Charles Schwab..who has been putting real pressure.

Hopefully psychology has turned towards recovery.....

Good luck with GE !!!

Saleem

madmax said...

Hurray for GE

Great move today and more to come still think we will see another low
My old shares of MON and GS took off today
I need another 2 stellar days to get green

I hope you all made $$$$$ today

Come on financials jump higher will you

Cheers

Stocks100 said...

Hi Madmax,

Nice to see your "happy post"

Yes...more days like today are in store.....

Saleem