Wednesday, May 5, 2010

All three Indices went below 50 DMA.......

Indices are fighting to come above 50 DMA after dipping below......

Close is important for technical health of this market.......

Gold UP $8.00

Oil Down $2.22

Canadian $ Down 56 tick to 97.34 cents US for 1 CAD...

In my portfolio :

Doubled my position in TSL @ $23.51

Portfolio is CRUS,CIEN,RFMD,TER,TSL...

Most stocks are down.....

@ 1.25 following are green :

TCK,WDC,AUY,EGO,GOOG,GS,CSIQ,
RIMM,IBN,SOHU,QID,VXX,CCJ,IPI,
BIDU,NDN,M,LVS,EXPE,X,AMZN,AGU,
SINA,SNDA,CTRN,ICE,JRCC,GAME....

PS..had to step out for some chores, thus delay in my post.

BLOG does NOT give buy or sell.

Saleem

2 comments:

psrajpal said...

Market recovered a bit at the close. There is a plenty of good news from US economy to lift this market up after the panic selling is stopped.

I bought some CRUS and TER today.

Wishing for a positive day tomorrow for everyone.

Stocks100 said...

Hopefully all the panic selling is out of the way by now....

Good luck in CRUS & TER....TER behaved much better....

Saleem