Friday, October 1, 2010

Nasdaq struggling while S&P 500 & Dow green....

Market behaved in a predictable manner first UP to 1150.30 then Down to 1139.42...BUT found support there..currently S&P 500 is @ 1143.38.....

It is important to have a feel of the TAPE & react accordingly.....sometimes i do daytrade so I play the direction or anticipate the direction......

I had a sell order in all of my position but missed all by few cents......i was expecting a bigger jump @ open to 1155 area.....

Market is being supported by buying.....

Gold UP $9.00

Oil UP $1.05

Canadian $ UP 74 tick @ 97.86..highest level in a year....

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

@ 12.30 following are among green :

LVS,VMW,SNDK,GOOG,RVBD,AGU,IBN,
ISRG,GS,CNQ,TCK,FMCN,ICE,CCJ,NTES,
ABX....

BLOG does NOT give buy or sell.

Saleem

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