Indices are rocketing UP 4%+ in all Indices.....thanks to trillion $ package by European Union..this should crush all hedgies,speculators who became an instant bear in markets & currencies......over-confidence in bearish bets was a tell-tale of a huge turnaround......
European markets are UP 5%+ BUT CAC UP 9.66%
Gold Down $12.80
Oil UP $1.77
Canadian $ UP 1.62 cent to 97.54 US for 1 CAD
Portfolio is CIEN,CRUS,RFMD,TER.....
Most stocks are UP
VIX down 31.06% to 28.23...still too high
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi All
I got some CIEN, as I expect a pop by end of month, espically in CISCO has a beat....
Good luck to all --the shorts got it in the pants today----hurray
Hi C,
CNBC Fast Money & our only guru Jimmy the Cramer guarenteed the bottom by claiming Dow 9,000 is where he will buy...
Gary Kaminsky guarenteed that no matter what EU does ..it will not be enough.....
Even Terranova was sure we tank further alongwith Seymour..only Karen Finerman stays cool !!!!
Saleem
SO RIGHT...they alway's ARE ???
Hi All,
What am I watching? Psycho Market? Hope the SEC actually does something, or investigates or just sits on their butts. This is nuts.
Bought GS
Best Regards
Hi Standards,
GS is a steal @ current prices for a long-term hold....there is blood in the street for GS...generally a very good time to accumulate.
US market is strictly "traders/daytraders market"...will never change....
Saleem
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