If we hold the support area of 7800 in Dow then it will be HIGHER low since last selling on Monday....
It is very encouraging to see that their is no punch in selling today.....I guess yesterday's selling and this morning selling after open is all what we are going to get???
Did some buying after seeing weak selling......
Gold UP $14.70
Oil UP 14 cents
Canadian $ UP 74 tick against US$ after new policy statement from Central Bank in Canada...which IS bullish for CAD....
In my portfolio :
Bought CTX a home builder being acquired by PHM an arb play....
Bought back PMCS which reports AH..expecting a BEAT & guide UP.....
Portfolio is :
CTX,GNK,IPI,PMCS,WEN,TLM.....
@ 12.05 following are among green :
AAPL,IBN,AMZN,AMTD,NDAQ,BIDU,MA,V,
SINA,KGC,CCJ,WYNN,NYX,ABX,GG.
BLOG does NOT give buy or sell.
Saleem
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