Monday, November 16, 2009

09 new HIGHS in major indices...NICE !!!!

What can you say about this market......it wants to go HIGHER & keeps going HIGHER....

Are we glad that we all are benefiting "big time" from this major bull run.......

Just think how Adami, Worth,Kass,Rosenberg & Prechter are feeling these days.....they have been calling for "Major pullbacks since July"......

Gold has made new all time highs repeatedly......

VIX is down to 22.89 Down 2.01%

RSI @ close are as follows :

Dow 67.08

Nasdaq 63.64

S&P 500 63.19

@ or ABOVE 70 "caution IS the-word"

AH SPWRA discovered accounting issues in their Philippines operations which will end up in restating several Q & MAY go as far back as 08 FY...Down 6.28%.....So far two solar stocks I have CSIQ & TSL are NOT affected AH..they are actually higher than close ..as are most Chinese solar stocks.

Before open CSIQ reports expecting "strong guidance"

AH Futures are Red

AH Nikkei is Down

AH Hang Seng is Down

AH Oil Down

AH Gold Down

BLOG does NOT give buy or sell.

Saleem

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