Friday, January 14, 2011

China tightens BUT Nasdaq & S&P 500 make new HIGHS...NICE !!!

China increases reserve requirement for banks AGAIN...BUT US markets are making new HIGHS...Dow is the only laggard.....

Strength of this bull market should be OBVIOUS to any skeptic with today's TAPE ????

Gold Down $29.20

Oil UP 22 cents

Canadian $ UP 2 tick @ 101.09

Portfolio is FFIV,MGM,PCLN,RVBD.....

Most stocks are UP.....

@ 1.16 following are RED :

PCLN,FFIV,RVBD,NFLX,TCK,MCP,
AUY,SLW,IBN,X,GG,CREE,SOL,JKS,
JASO,STP,SOLF,NVTL,CCME,CSIQ,
JRCC,NTES,AEM,ABX,FSLR,TTM.

BLOG does NOT give buy or sell.

Saleem

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