Dow & S&P 500 UP......NICE !!!!

Every pundit on the face of earth was predicting "collapse" of this market yesterday....BUT thanks to all "know all pundits" we are UP in Dow & S&P 500......the more they talk they are proving over & over that they have "no clue what they are talking about"

All doomsters are coming up with new & improved targets on the downside...David Rosenberg who predicted 840 in S& P 500 by end of October has now announced that market is 20% overvalued...so we have four trading days left for his first CNBC prediction & God knows what is his time frame on new & improved downside target.....

Even Jimmy the Cramer is trying for the third time to talk the market down...he also fails each time and never "own his bad calls about markets"

Roubini is still talking which has NOT come to fruition missing touchdown by 100 yards...has opinion on market,gold ,dollar but never gets it right????

ARE we climbing "wall of worry AGAIN".......

Gold Down $3.30

Oil UP 81 cents

Canadian $ UP 15 tick after series of talk down by Central Bank Governor & Finance Minister as they are highlighting negative effect of strong CAD....93.94 cents US for 1 CAD..

Portfolio is AUY,BAC,COMS,GNK(reports AM),MRVL,RIMM...

@ 12.16 following are green :

LULU,GE,HL,RCI,C,JRCC,MA,CMED,ABX,SPWRA,
SNE,VAR,AGU,STP,V,FXI,POT,TLM,SLW.

BLOG does NOT give buy or sell.

Saleem