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
at

2 comments:

  1. cMay 5, 2009 at 12:28 PM

    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

    ReplyDelete
  2. Stocks100May 5, 2009 at 12:35 PM

    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

    ReplyDelete