Indices are all green in .5% area after consumer spending matched analysts consensus.
Gold UP $5.20
Oil UP $2.37
Canadian $ UP 92 tick to 98.02 cents US for 1 CAD
In my portfolio :
Sold SLW
Doubled my position in VXX @ $21.57
Portfolio is APWR,VXX,QID.....
Most stocks are green...
@ 12.20 following are RED :
VXX,QID,PWRD,CMED,CTRN,FUQI,ASIA,
GAME....
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
you are really betting on an over sold market--Gosh
any way you look at it the news is NOT this great for a sustained bull
Sold the slw I bought some Citi on the pull back today! GS went negative too
Hmmmm GNK is green
Regards to all
Hi C,
We all have to play our own hunch....
I am betting on a sharp pullback then gradually up.....
Booking profit is the name of the game..in UP or DOWN bet....
Saleem
SALEEM
What a market
I know we all gotta pick the market and timing is every thing
Glad that you make some bucks on the trade
Cheers
Hi C,
When markets are lofty...it pays to do quick trades.....to ignore profit is not wise....
Saleem
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