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
7 comments:
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
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
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
Hi C,
AAPL can bought right here...there is real growth in iPhone.....
Saleem
Hi Standards
Did you see the spike in Visa??
I can not find a reason for the drop
Any thoughts?
regards to all
C
Bought RIMM @ $70. GLTA
Hi Victor,
Nice to see your note.
Good luck with RIMM.
Saleem
Post a Comment