Tuesday, November 24, 2009

Can we go to new highs in Market on Wed ????

IF we take the way we close today despite many weak stat & Fed minutes...it CAN be safe to assume that we SHOULD make new HIGHS on Wed......

Market IS showing tremendous resiliency DESPITE organized effort by Doug Kass,Robert Prechter,David Rosenberg,Guy Adami to poke hole into any good economic data and to stretch their imagination to "what could go wrong" Adami is hoping & praying for Iran & Israel to fight each other...what a desperate bunch they are??? They have NOT learned after all these years NOT to fight the TAPE? This bunch include so-called technician,fundamental analyst,economist & a very bad trader.....They must be lot poorer since July????

AH Futures are almost flat...

AH Nikkei UP

AH Hang Seng UP

AH Shanghai UP

AH Singapore UP

AH Gold UP

AH Silver UP

VIX closed @ 20.47 ..52 week low is 20.10...this is telling me that we are going HIGHER and VIX is going to teens which will be new low.....

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. cNovember 25, 2009 at 5:42 AM

    SALEEM

    Good luck myu friend
    HAPPY THANKSGIVING to you and every one who visits this blog.

    Looking Green today
    I got GE, LVS, AAPLE, GS, M and MRVL and my FRO and DSX
    BDI has doubled and will go a lot higher IMHO as China still needs lots of raw materials

    ReplyDelete
  2. Stocks100November 25, 2009 at 5:52 AM

    Hi C,

    Luck is on the side of every "long"....

    Adami,Kass,Prechter,Rosenberg all ready to jump from top floors???
    They cannot take the pressure anymore plus looking like "certified idiots of 09"

    Saleem

    ReplyDelete
  3. cNovember 25, 2009 at 7:49 AM

    Saleem

    My analysis for today:

    NAME Target RSI
    APPLE $231.00 58.9
    AGU $59.00 57
    AUY $9.75 67.8
    EXPE $23.00 58
    M $29.00 41
    MRVL $23.00 54
    GNK $40.00 56.1
    GS $210.00 42
    GE $23.00 58
    LVS $28.00 45
    DVN 47
    POT 69

    ReplyDelete
  4. Stocks100November 25, 2009 at 7:51 AM

    Hi C,

    Thanks for target & RSI analysis.

    GS is incredibly cheap based on RSI??

    Saleem

    ReplyDelete
  5. cNovember 25, 2009 at 8:07 AM

    Hello Saleem
    the financils are getting killed in a mass sell off

    they gotta come back soon that why i took a small position in GS @ $171.90

    I am hoping for a come back

    thanks for your responses

    ReplyDelete
  6. Stocks100November 25, 2009 at 8:15 AM

    Hi C,

    GS is showing support around $170..

    Saleem

    ReplyDelete