Thursday, September 24, 2009

Another day of pullback.....

Markets are retreating from overbought conditions......

All indices are selling off & closing near lows of the day......

RIMM'S poor ER will put more pressure on Nasdaq...but it MAY result in finding support....

RSI on indices are as follows :

S&P 57.86

Dow 59.99

Nasdaq 61.44

AH Futures are RED

AH All Asian Indices are Down

AH Oil is UP

BLOG does NOT give buy or sell.

Saleem
at

7 comments:

  1. standardshighSeptember 25, 2009 at 6:14 AM

    Hi Saleem,

    I was considering selling puts on RIMM at a desirable entry point to collect the premium. If it gets filled, all the better. Sound logical?

    Best Regards

    ReplyDelete
  2. Stocks100September 25, 2009 at 6:19 AM

    Hi Standards,

    After reading most of the analyst report this AM....I am extremely negative on RIMM...GS has a target of $73 from $96......

    So..do whatevere makes sense for you.

    Saleem

    ReplyDelete
  3. cSeptember 25, 2009 at 6:44 AM

    Hello
    Saleem

    Wow I did not know that GS was so negative
    I am so Glad I did not get stock after hours--wow
    Apple is off and running--it moved before I could get some

    Best to all

    ReplyDelete
  4. Stocks100September 25, 2009 at 6:46 AM

    Hi C,

    AAPL can bought right here...there is real growth in iPhone.....

    Saleem

    ReplyDelete
  5. cSeptember 25, 2009 at 7:53 AM

    Hi Standards

    Did you see the spike in Visa??
    I can not find a reason for the drop

    Any thoughts?

    regards to all
    C

    ReplyDelete
  6. AnonymousSeptember 25, 2009 at 9:00 AM

    Bought RIMM @ $70. GLTA

    ReplyDelete
  7. Stocks100September 25, 2009 at 9:44 AM

    Hi Victor,

    Nice to see your note.

    Good luck with RIMM.

    Saleem

    ReplyDelete