Following stocks are looking good IF market shows strength.....Please do your OWN due diligence by checking FA/TA/TAPE.
TSL,CSIQ,TC,SLW,IAG,AUY,BIDU,GOOG,AAPL,RIMM,
AEM,IBN,ISRG,CREE,SOHU,PWRD,GS,GG,MRVL,BRCM,
NVDA,VMW,FCX,AGU,IPI.
Again.... we have the opportunity to go with strong stocks which were battered by this correction in a diversified manner.
Next post by noon Sunday.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Looking at the futures charts, the market dropped to 9800 on the DOW then reversed course. I believe 9800 was our 8% correction, at least that was what I was looking for. Hopefully the HF bears are satisfied with their payoff and will shift strategies. Sadly the SEC still looks the other way, when abuses occur.
Best Regards
Hi Standards,
Nasdaq corrected 9.72%...awfully close to HF computer model of correction of almost 10%.....
US markets are for traders only..has been for several years...CNBC plays along with HF agendas.....
Small investors are CRUSHED in this computerized game...IF there was NO CNBC..markets will be much orderly.....gradual UP and gradual correction..once a year only....NOT every TWO weeks....
SEC.....They are TREATED very well by HF..Golf trips in Cayman Island in private jets????
Saleem
Hi Standards/Saleem,
We'll know the bottoms in if we see upside with volume, otherwise I think we go lower.
Hi Victor,
Volume was above average & highest yesterday on a Friday.....only one other time in January it was higher when we came down from 1150 in S&P 500....
SO..high volume & turnaround...is a good thing !!!!!
Saleem
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