Tuesday, May 5, 2009

1.23% pullback in Nasdaq after huge RUNUP.....

Markets are in minor RED after being UP since March lows.......

Nasdaq is down 1.23%

S&P 500 down .78%

Dow down .4%

Gold UP $1.90

Oil Down .62

Canadian $ Down 14 tick after huge RUNUP since March lows also.....

In my portfolio :

Bought TLM

Portfolio is CTX,EGLE,IPI,MRVL,NVDA,PMCS,PALM,TLM.....

@12.46 following are green in my watch list :

IPI,PALM,RIMM,FMCN,KGC,SOL,C,CTRN,ICE,
IGT,WYNN,LVS,CMED,ABX,ISRG,GS,VAR,IBN,FWLT,
STP,AMZN.

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

SALEEM

My friend
A very good commentary about RSI, I have always taken it for granted,

Thanks for ther review on how to interperet it,My AAPL is still strong and I am thinkinf maybe selling it and buying more NVDA or another stock your thoughts--please

Stocks100 said...

Hi Madmax,

Thanks for your feedback about RSI...

Selling any stock should be done after careful analysis...

Buying NVDA more or other stock is a good idea if you are comfortable doing it.

Selling & buying is a matter of timing.....

You never know until you have made a decision......

Good luck with your Sale & purchase !!!!

Saleem