Thursday, January 6, 2011

Nasdaq green,other indices lower.....

Nasdaq is doing the heavy lifting today, while other indices are taking a breather.This is extremely healthy as it is bringing RSI Down to currently 71.18 from close of 76.08....gradual rise is what we want NOT euphoric moves.....

Many stocks are rotating every 48 hours.....play the "rotation card" not marry any stock....

Gold UP 30 cents

Oil Down $1.97

Canadian $ Up 9 tick @ 100.45

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

Most stocks are Down...

@ 1.26 following are UP :

FFIV,PCLN,RVBD,F,CRM,GOOG,BIDU,
POT,JKS,TSL,DQ,MOS,SOHU,MA,V,CREE,
JDSU,CIEN,AMCC,FNSR,NVLS,EBIX,ASIA,
SINA,JRCC,FSLR,GNK....

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

Saleem

yoyo stock day
I got MCD and HES
I need to be conservative

best to and thanks for your advice

Stocks100 said...

Hi Madmax,

Always do what makes you comfortable.

This is a great time to be in market.."conservative" or "super aggressive"..both will work with different % return....

Saleem