Monday, October 25, 2010

Green close in all Indices...NICE !!!!

All Indices closed green but Nasdaq closed @ 2490.85 the highest level since Aug...RSI in Nasdaq @ 69.58....

Internals of the market were positive....

VIX closed UP 5.7% @ 19.85 ????

Strong stocks which were UP 4% or more included SOHU,SLW,RIMM,
TSL,CCJ,NVTL,SINA,CYOU....

AH VECO ER was lower guidance Down 7.49%

AH TXN guidance was weak Down 1.28%

AH Futures Mixed

AH Asian markets Mixed

AH Oil Down

AH Gold UP

BLOG does NOT give buy or sell.

Saleem

5 comments:

c said...

SALEEM

Is LVS trendiong a lot higher
or is this it??
thanks

Stocks100 said...

Hi C,

I strongly suggest you stay with LVS for two years.....you MAY see "triple digit".....it may exceed its all time of $130+ back in fall of 2007.....

History is a "great motivator"

But..it is up to you when to get off this LVS train .....

Saleem

c said...

SALEEM
you the man

I thought that this was just a trade
I can do long term but oh Heck lets do it
thanks

Michael said...

Saleem,

Thanks for good stock recommendation.

BOOOYAAAH to LVS not to Cramer!

My RVBD is on fire. BIDU is too hot to handle. FCX got a good upgrade this morning.

Michael

Stocks100 said...

Hi Michael,

Thanks for your feedback.

This market is a "bull market" which requires CONVICTION & holding for long term.....

Saleem