Wednesday, February 24, 2010

Green close in all indices...NICE !!!!

Nasdaq closed above 50 DMA while S&P 500 & Dow are ready to take out 50 DMA....

Ben Bernanke managed to give hope to market bulls by stating that interest rates will remain low for an extended period of time....

Many stocks participated in this rally......

AH ER from NTES & GNK was greeted with positive AH action....

My portfolio is APWR,IAG,PALM,SLW.....

PALM continues to be under bear attack on a daily basis...technicals are weak still....RSI has gone to 27.29....it is so oversold..there is no word to describe it......

AH Futures are Down

AH Shanghai & Hang Seng UP

AH Singapore & Nikkei Down

BLOG does NOT give buy or sell.

Saleem

3 comments:

standardshigh said...

Hi All,

Baltic Dry Index (BDI) +4 2711

Rates steady with upward bias

Best Regards

Michael said...

Saleem,

Did you get back in TSL? I missed the opportunity this morning. Green color for solar on the down market day is not bad at all.

Michael

Stocks100 said...

Hi Michael,

NO...I missed TSL buying opportunity.....it is UP $3 from Low of the day....

Saleem