Thursday, June 10, 2010

Indices Jumped 2.76%+ by close..NICE !!!!

Indices were strong till close.....2.76%+ jump.....

Catalyst was extreme oversold conditions.....

Volume was slightly lower than yesterday....

Internals of the market was super-strong which is to be expected in extreme oversold bounce...

This market will remain jittery as NOT all is well especially in Europe...

So ..stay alert after today's huge UP move....

This market remains a "trading market"......

In my portfolio :

Sold SOLF

Doubled my position in SNDK @ $44.41

Portfolio is CNQ,CRUS,LVS,PIR,SNDK,TCK......

AH Futures Down

AH Asian markets UP

AH Gold Down

VIX closed Down 9.37% to 30.57

BLOG does NOT give buy or sell.

Saleem

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