Friday, December 4, 2009

High volume buying gave Indices green close ....NICE !!!

Indices closed GREEN as heavy buying came in near close.

Markets have finally accepted the "turn in economy" even the much dreaded Jobs picture IS looking a touch brighter.....

Internals of markets were much stronger than "computer driven selling" which took place ...here is the stat for today's "real" market :

UP volume led by 2.78 to 1 in NYSE & 3.4 to 1 in Nasdaq

Advancing stocks led by 2.5 to 1 on NYSE & 2.45 to 1 in Nasdaq

Gold got trashed

Oil Weakened

By 10 AM Saturday ..I will list buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

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