All Indices breaching yesterday's low ?

Indices are down & below yesterday's low.

Indices down from 2.32% to 2.43%, thanks to EU update on damage to Japanese Nuclear reactor. I don't know about you but this damage was to be "expected" considering 6 days of fire & explosion.

I commend Japanese engineers & workers who are risking their life to save as much as possible. After 6 days we do NOT have a meltdown or major radiation leak. I expect serious progress in nuclear story IF our prayers & luck hold out.

Under these circumstances & sell the panic mentality, RSI are @ washed out levels which should prompt "smart money" to buy ahead of this deeply discounted issues.

We all survived 3 mile & Chernoble & we will get ahead of current challenge.Japanese of all nations have the expertise,willingness to deal with this TRIPLE dose of calamities.

Here is the RSI read :

Nasdaq 31.26

Dow 31.33

S&P 500 32.22

IF this is not a "screaming buy", i do not know what is. There is a major opportunity here.

Gold UP $11.00

Oil UP 94 cents

Canadian $ Down 92 tick @ 100.59

VIX UP 20.39% @ 29.28

In my portfolio :

Bought BAC @ $13.96

Portfolio is BAC,BIDU,MU,POT,RIMM,RVBD......

Most stocks are Down......

@ 2.15 following are green :

PLCM,MA,CIEN,FNSR,ASIA,ECA,ICE,JRCC...

BLOG does NOT give buy or sell.

Saleem