Friday, October 30, 2009

All indices below 50 DMA.......

Technically markets are struggling .....UP 200 Down 250......

All indices are selling off with tremendous velocity......

Major retracement in most stocks.....

VIX went UP 23.95% today...a sign of fear to the extremes...you know what happens when we reach extreme levels of FEAR or GREED...it reverses in a hurry.....

In my portfolio :

SOLD HL

SOLD PIR

SOLD BAC

Bought more TSL near close @ $32.78 ..2nd purchase of the day.....now my largest position....

Portfolio is AUY,COMS,GNK,MRVL,TSL........

By 10 AM Saturday..I will list buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

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