Indices were trying to improve from Asian & European levels...then S&P lowered rating on US debt to negative .....this has compounded jitteriness from European debt concern & hiking of Chinese interest rates......
Market is holding near lower level...
Internals of the market is negative to the tune of 5 to 1...
We MAY see S&P 500 above 1300 level by close..which will be a victory for bulls !!!!!
CMF is still positive in all indices.....
RSI in indices are @ buy level of 40.96 to 43.85......
All indices are below 50 DMA......
VIX jumped 17.69% @ 18.03.....
Oil Down $2.73
Gold UP $8.40
Canadian $ Down 96 tick @ 93.27
Portfolio is BIDU,LULU & POT.....
Most stocks are Down...
@ 1.46 following are green :
LULU,RIMM,CF,AKAM,CREE,LVS,C,
BZH,SNDA,IGT,SINA....
BLOG does NOT give buy or sell.
Saleem
5 comments:
S
Great portfolio
My SINA is on FIRE
Yow Hu
YeaHa
Why is SINA up??
POT and BIDU have come back
Best regards
Hi C,
Rumour of IPO in many Chinese stocks like..SNDA,SINA...
Good for you $$$$
Saleem
S
I am so sorry , sad to say
only 50 shares at $120
Should I hold??
thanks a lot
Hi C,
SINA has moved UP a lot..wise to book profit..then buyback later..imho
SINA RSI 76.30...can go to 80+ easy based on MOMO $$$$
SO..a split vote from me ????
Saleem
Saleem
thank you for your support and comment
Wise advise you offer
i will see what happens after market and make a decision in the morning
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