Friday, February 5, 2010

Job data lower than expected putting pressure in Indices...

Job data was a downer....job loss of 20K instead of job gain of 15K...

Selling is getting tired......

S&P 500 has support in 1050 area...

Nasdaq flirting with GREEN & MAY pull other Indices UP....

I am expecting short covering near close.....

Gold Down $12.40 to $1050

Oil Down $2.35 to $70.79

Canadian $ Down 4 tick to 93.29 US for 1 CAD

Portfolio is APWR,IAG,PALM,SLW,TC,TSL.....

@ 12.41 following are green :

TSL,TC,CSIQ,AAPL,CREE,AGU,BIDU,GOOG,
GS,NDN,GG,RVBD,AMZN,AUY,ABX,RIMM,LDK,
ICE,NDAQ,AEM.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

Michael said...

Saleem,

You are a genius. Market went up in a hurry while everyone scared. I looked at your comment and was able to made some quick bucks. I bought at the bottom. However, I sold them too early. Anyway, just let you know. Thanks.

Michael

Stocks100 said...

Hi Michael,

Thanks for your feedback.

I am glad that you were able to make $$$$...never worry as long as you made $$$$....

Saleem