Friday, May 22, 2009

.50% move UP in Indices.....

Markets are trying to regain its footing after three days of selling ....

Selling was triggered by concern about economy and debt rating of US which is rumoured to be downgraded along with UK.....

Memorial day long weekend is also impacting trading as next Monday stocks trades all over the world except US......

Gold UP $7.20

Oil Down 17 cents

Canadian $ is UP 1.25 cent against US$ another new high since March...very NICE $$$$

In my portfolio :

Sold TLM.....

Portfolio is EGLE,MPEL,PMCS,PALM.....

@ 12.28 following stocks are strong:

IBN,AGU,POT,ISRG,GS,IPI,TSL,RCI,KGC,
CTRN,ICE,SOHU,NDAQ,NYX,ABX,GG.

BLOG does NOT give buy or sell.

Saleem

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