Friday, May 14, 2010

Euro sinking world markets.....

Euro is the culprit behind today's tumble..Euro has fallen well below support of 125..currently trading @ 123.93......

European markets took it on the chin by closing lower from 3%+ to almost 5%...NOT a good indicator of close in US......

Gold Down $6.10

Oil Down $3.05

Canadian $ Down 1.28 cent to 96.55 cents US for 1 CAD

In my portfolio :

Sold CRUS

Portfolio is BRCD,CIEN,JDSU,TER......

Most stocks are Down....

VIX UP 23.43%

BLOG does NOT give buy or sell.

Saleem

2 comments:

  1. Saleem
    Hello
    Market are a screeming buy
    It has to stop--to much selling!
    Ouch
    What are your thoughts

    Greed is rampet with the MM
    Now we are trying to punish the banks--get real
    we need jobs
    Peace to all Best to all

    ReplyDelete
  2. Hi C,

    Right NOW is a good time to SWITCH into better stocks.....

    Sold TER & bought SNDK !!!!

    Saleem

    ReplyDelete