Friday, July 16, 2010

2.74% pullback from recent high in S&P 500 so far......

Indices are in full retreat after going straight up for seven days....

Thus it is extremely important to book profit when everyone is feeling good about market....

This is a traders market unless you have a several years time frame you are working with...

Gold Down $18.40

Oil Down 93 cents

Canadian $ Down 1.20 cents to 94.86 due to weaker economic environment in US...

VIX UP 9.35% @ 27.49

Portfolio is AAPL,CREE,EGO,LVS....

Post was delayed for AAPL reaction to its press conference.....reaction was positive initially but market is @ low of the day now ....thus AAPL is also down...
AAPL offering free protective case to users.....

Most stocks are down

@ 1.49 following stocks are green :

GS,GNK,TSL,SINA.....

BLOG does NOT give buy or sell.

Saleem

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