Markets were UP @ open then US$ put a damper on another rally......@ low point so far S&P 500 went to 1066.97......getting very close to support....
Banks are taking it on the chin thanks to Downgrades of FITB to sell..Bove commentary was quite negative for the profitability of struggling banks in 2010.....
Financials & Markets go hand in hand.......
Gold Down $1.80
Oil Down $1.78
Canadian $ Down 1.09 cent
Portfolio is AUY,BAC,COMS,GNK,MRVL(raising guidance well above consensus),RIMM.....
@ 12.46 following are green :
MRVL,GNK,MSFT,NTES,BRCD,LULU,WYNN,FSLR,VAR,
AMZN,AMTD,GOOG,RVBD.
BLOG does NOT give buy or sell.
Saleem
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