Wednesday, September 15, 2010

All Indices GREEN.....NICE !!!!

With Option Expiry looming,Indices are showing green.....looks like "triple witching" was taken care of this morning....

S&P 500 went down to 1114.63 just below 200 DMA of 1115.92..currently S&P 500 is @ 1121.63......

SO..from high of 1127.36 to low of 1114.63 we had a pullback of only 1.13% so far...technically we are showing tremendous strength by staying above 200 DMA......

We all must have our opinion of where markets are headed BUT it is CRITICAL to MONITOR TAPE which is MIGHTIER than our "humble opinions"..SO we must CHANGE accordingly especially for swing & daytraders......

Gold Down $5.00

Oil Down $1.12 to $75.68..lower end of trading range

Canadian $ UP 2 tick @ 97.33

Portfolio is AAPL,SOLF,LVS......

VIX UP 4.41% @ 22.51 ????

@ 12.54 following are among green :

AAPL,LVS,RVBD,KGC,JKS,NOVL,
IBN,SOHU,ISRG,MA,V,SINA,FUQI,
SNE,GNK....

BLOG does NOT give buy or sell.

Saleem

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