Monday, October 4, 2010

Indices Down from .92% to 1.40%......

Indices are down up to 1.4%..Nasdaq being the weakest......

S&P 500 went down to 1131.87 near support & is turning higher....RSI is @ 55.67..attractive buy zone.....

Today's trading is very typical of HFT playing "support & resistance".....

Buying on weakness works.......

Gold Down $3.10

Oil UP 23 cents

Canadian $ Down 39 tick to 97.67

In my portfolio :

Bought RIMM @ $50.00

Portfolio is AAPL,AMZN,BIDU,VMW,RIMM,LVS,SNDK.....

Most stocks are down.....

VIX UP 7.96% @ 24.29....

@ 12.35 following are Green :

LVS,AMZN,WYNN,RVBD,POT,IBN,SOHU,V,
RCI,FUQI,GAME...

BLOG does NOT give buy or sell.

Saleem

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