Wednesday, December 16, 2009

Another constructive close.....

Fed decision came as expected "no change".....

Fed noted "improvement in job picture"

BUT.....indices were sold off initially BUT came back with Nasdaq & S&P 500 green & Dow barely RED.....

Option Expiry also played some role in giving up majority of gains....

Gold is off to the races AGAIN....

Silver also Strong

Oil was strong also......

Strong stocks included POT,MRVL,SLW,GAME,SOL,SOHU,ABX,
NVDA,RVBD,STX,AMD,CYOU.....

AH Futures are GREEN

AH Gold UP

AH Silver UP

AH Oil UP

AH Nikkei UP

AH Shanghai UP

BLOG does NOT give buy or sell.

Saleem

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