Thursday, March 11, 2010

Indices slightly lower on Chinese Inflation fear....

Chinese Inflation fear is causing Indices to trade slightly lower......this IS an indication of the strength of this uptrend...this should have caused triple digit loss easily...BUT we are down .19% max ..so far.....

Gold Down $2.50

Oil Down 26 cents

Canadian $ @ 97.35 unchanged level , as our housing activity exceeding consensus estimate AGAIN.....

In my portfolio :

SOLD PALM...booked loss

Bought MU @ $9.69

Portfolio is APWR,IAG,MU,SLW......

@ 12.50 following are green :

APWR,SLW,IAG,PWRD,RIMM,CSIQ,TSL,
CREE,GOOG,BIDU,V,AMZN,GG,SNDA,
CTRN,AEM,ABX,FSLR,GS,IBN......

BLOG does NOT give buy or sell.

Saleem
at

5 comments:

  1. standardshighMarch 11, 2010 at 10:55 AM

    Hi Saleem,

    ZZZZZZZZZZZZZZZZZZZZZZZZZZzzzzzzzz!

    a SNOOZE FEST, But strength showing.

    Chinese inflation???? What a non-story. ZZZZZZZZZZZZZZZZ
    Who dug that one up?

    Best Regards All.

    ReplyDelete
  2. Stocks100March 11, 2010 at 11:00 AM

    Hi Standards,

    When Chinese CPI came hotter than expected last night...there is FEAR that China will increase interest rates to control inflation ..which will curtail growth & demand worldwide.......

    Saleem

    ReplyDelete
  3. madmaxMarch 11, 2010 at 11:20 AM

    Standards

    WOW so funny!

    China hiccups the world listens

    Best to all

    ReplyDelete
  4. standardshighMarch 11, 2010 at 1:29 PM

    Hi All,


    Baltic Dry Index (BDI) +86 3316

    BDI up again, positive trend here

    Best Regards

    ReplyDelete
  5. psrajpalMarch 11, 2010 at 6:05 PM

    POT will be back in limelight with the revision in the EPS estimates.

    Sector rotation likely in the fertilizer sector.

    ReplyDelete