Friday, March 25, 2011

All Indices above 50 DMA.....NICE !!!!

Technically market is very healthy.

All indices above 50 DMA......

Gold Down $11.66

Oil Down 66 cents

Canadian $ Down 52 tick @ 101.89...Canadian Govt is expected to fall on a no confidence vote today..new elections to be held in MAY ...in about 6 weeks

VIX Down 1.83% @ 17.67

Portfolio is BAC,RIMM,RVBD,TCK.....

Most stocks are UP

@ 1.24 following are RED :

RIMM,TCK,BAC,GOOG,PLCM,CRM,JKS,LDK,
GS,MA,V,CNQ,IAG,CSIQ,AEM,FUQI,FSLR,
SPWRA,JDSU,HSOL,NVDA,EBIX.....

About RIMM..after trading 40 million shares by 130 PM..... which is 4 times normal volume,
HF could not push it below 200 DMA.....which is a very encouraging sign.

BLOG does NOT give buy or sell.

Saleem

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