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

5 comments:

standardshigh said...

Hi Saleem,

ZZZZZZZZZZZZZZZZZZZZZZZZZZzzzzzzzz!

a SNOOZE FEST, But strength showing.

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

Best Regards All.

Stocks100 said...

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

madmax said...

Standards

WOW so funny!

China hiccups the world listens

Best to all

standardshigh said...

Hi All,


Baltic Dry Index (BDI) +86 3316

BDI up again, positive trend here

Best Regards

psrajpal said...

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

Sector rotation likely in the fertilizer sector.