Indices are in full blown correction due to overbought condition & Libyan scare......
Only positive take away from this selling is that RSI in all indices are as follows :
Dow 61.93
S&P 500 55.73
Nasdaq 50.72
They are all in NEUTRAL zone now,,neither overbought nor oversold.....
Gold UP $11.10
Oil UP $5.80
VIX UP 26.78% @ 20.83
Canadian $ Down 33 tick @ 101.33
In my portfolio :
Sold MGM
Bought RIMM @ $67.78
Portfolio is FFIV,F,RIMM,RVBD.....
Most stocks are Down....
BLOG does NOT give buy or sell.
Saleem
5 comments:
SALEEM
I guess MGM is thje gift that did not give
Sorry
I will decide to hold or sell tomorrow
Still holding CTL
I bought a little APPLE and KMB
Good luck on more RIMM--RIMM should be stellar IMHO
Hi C,
It is ok to have few dud in portfolio..but today MGM had to go & RIMM was invited back....
AAPL has come way down..so good idea to add.
Saleem
Saleem,
I picked up some more FFIV at 115 and POT at 168. It may be early on the down side, but who know, the market may be green tomorrow despite HPQ ER was not so good. Thanks.
Michael
Hi Michael,
Today's drop was punishing....
POT & FFIV may be OK by close.
Good luck
Saleem
Hello
POT may drop a little with the 3-1 split?
Dunno
But POT is a good bet
best of luck
Post a Comment