Friday, May 27, 2011

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

Indices are showing strength 3rd day in a row.

All Indices have climbed above 50 DMA...

Guy Adami is wrong again by predicting "way lower than 1294" only 3 days ago.....????

Internals are strong by more than 2 to 1....

Oil UP 14 cents

Gold UP $15

Canadian $ UP 23 tick @ 102.41

VIX Down 2.18% @ 15.74

In my portfolio :

Sold CCJ

Sold SVM

Doubled my position in TZOO @ $70.84

Portfolio is LULU & TZOO.....

Most stocks are UP

@ 1.20 following are RED :

LULU,PWRD,VMW,APKT,NFLX,
AMZN,CRM,LVS,CRUS,EBIX,TSL,
TTM,SNE,VAR.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

c said...

S
one tought day

have a good one

Stocks100 said...

Hi C,

Your BIDU is doing good UP $3...

LULU behaving half decent for second day of selling....

Saleem

Anonymous said...

Good afternoon. I'm taking it on the chin with my shorts, but I think I'll keep them on for one more week. Everyone have a great long weekend and don't forget about the vets who gave so much.

Victor

Stocks100 said...

Hi Victor,

I have never tried shorting through index/stocks/options...but am tempted many times on stocks...

Enjoy your long weekend in US....but we are open in Canada on Monday..where LULU trades...

Saleem