Tuesday, May 25, 2010

Major reversal on high volume...NICE !!!!

Indices went below two notches from flash crash & reversed on high volume...S&P 500 closed green.....

Supercomputers could tell no more retail $ are coming to their kitty as per their model.. thus reversed?

VIX closed Down 9.68% to 34.61

Green stocks included SNDK,CIEN,BCSI,GS,ISRG,
CCJ,LVS,NVDA,M,AMZN,X,AKS,AUY,GG,EGO,
FNSR,TCK,CNQ,MS.

AH Futures are UP

AH Nikkei UP

AH Gold UP

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. standardshighMay 26, 2010 at 7:00 AM

    Hi Saleem,

    Major players use algorithms to trade the market. Mathematical formulas to produce the most return on their trades. The program just does its thing based on probabilities of success. Human emotion is out of the equation. Nothing whatsoever to do with investing.

    Best Regards

    ReplyDelete
  2. Stocks100May 26, 2010 at 7:42 AM

    Hi Standards,

    YES..it is all about Algo.....

    Algo..also knows when they are trading in their own account...

    BUT...now wea are going in the right direction....

    Saleem

    ReplyDelete
  3. AnonymousMay 26, 2010 at 7:53 AM

    Good morning,

    Added V, C, S, AAPL, HAS & INTC for the next leg UP.

    ReplyDelete
  4. Stocks100May 26, 2010 at 8:01 AM

    Hi Victor,

    Nice looking portfolio !!!!

    Good luck $$$$

    Saleem

    ReplyDelete