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:

c said...

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

Stocks100 said...

Hi C,

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

Sold TER & bought SNDK !!!!

Saleem