Thursday, September 30, 2010

S&P 500 jumped to 1157.16 then pulled back...

All economic news was better than expected.....

S&P 500 went to a new recent high of 1157.16 then retraced to to 1136.08..now its fighting back ...

YES..we were oversold BUT current RSI is only 58.53 which is below overbought....

Gold Down $7

Oil UP 79 cents

Canadian $ UP 27 tick to 97.11

In my portfolio :

Sold AAPL

Sold AMZN

Sold BIDU

Sold CRUS

Bought LVS @ $34.51

Portfolio is SNDK,VMW,LVS....

Most stocks are down

BLOG does NOT give buy or sell.

Saleem

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