Indices were given lot of worries again to go down ...like Greece & overbought conditions.....BUT it is green.......
Gold Down $2.00
Oil down 42 cents
Canadian $ UP 15 tick to 99.80 cents US for 1 CAD
Portfolio is APWR,MU,RIMM.....
@ 12.17 following are green :
RIMM,MON,AGU,GOOG,GS,NTES,ISRG,BIDU,
MA,V,LVS,AMZN,FMCN,ICE,LULU,WYNN,FUQI,
ASIA,FWLT....
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem
I sold 1/2 of my GLD position because gold seems to be near the top of its channel. Keeping the other half in case it breaks out.
Still holding on to QID.
Just shorted CAR because it has poor IBD indicators, and recently had several large gains.
I just don't trust this market.
Any thoughts?
Regards
Ken
Hi Ken,
Always trust TAPE......Tape of this market is incredible....does not want to go down ....
I will always change IF TAPE does not agree with technicals.....sometimes FUNDAMENTALS are the decisive force..which is these days....
QID will be good IF trend is down....
Saleem
Saleen
Thank You for your willingness to advise.
Ken
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