Tuesday, June 29, 2010

Chinese LEI revision to .3% growth taking a huge toll...

Chinese LEI revision to .3% from previous 1.7% was a shocker......thus worldwide slump & test of support in many markets......

S&P 500 went to 1042.52 still higher than recent lows in 1040 area.....gives some hope of support.....

RSI in S&P 500 is @ 34.57...slightly above previous lows around 30....

Gold Down $1.50

Oil Down $2.70

Canadian $ Down 1.50 cents to 95.04

In my portfolio :

Sold LVS

Sold TCK

Portfolio is BIDU,CNQ,CREE,SNDK,POT......

Most stocks are Down......

BLOG does NOT give buy or sell.

Saleem

2 comments:

Anonymous said...

Saleem,

I don't think we're going to hold support.

Victor

Stocks100 said...

Hi Victor,

So far so good..BUT there is 55 mts left....

Saleem