Indices are trying to find support after its recent runup from 1010 in S&P 500...
S&P 500 low today was 1092.82 but we closed @ 1101.53.....
Shorts are really excited AGAIN.....BUT there hope may be dashed again.....it is the Adami jinx..anytime he is sure we are going much lower...we generally turn UP.....
Shorts are banking on GDP to give them a break.....BUT again they will get no help there either..GDP will be a non-event....
AH GOOG reported that their search is fully blocked in China resulting in GOOG being Down $9 & BIDU being UP $3......But then they came up with an explanation which defies logic even for a 3 year old ????
GOOG does not know the difference between technical glitch & being blocked.....now they are claiming their software cannot read accurately.....this statement from the worlds biggest technology & search giant......?????
After this PR attempt GOOG was Down only $4.87 & BIDU UP $1.20..BIDU volume was heavy in AH of 679,425......
AH futures Down
AH Asia Down
AH Oil Down
AH Gold Down
BLOG does NOT give buy or sell.
Saleem
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