Fed tried to "over explain" every aspect of their take on economy.
By the time market closed, indices closed near lows of the day.
Fed did not say anything which was not known for a long time. Job growth is far from satisfactory & US economy has slowed down.
All Fed did, was to put numbers to slower GDP growth for this year & next.
Internals of the market were negative.
In my portfolio :
Added 150% ATML @ $13.14
Portfolio is AAPL,ATML,CNQ,LULU,SOL,SVM,TZOO
AH Futures Down
AH Asian Markets Down
AH Gold, Oil & Silver Down
BLOG does NOT give buy or sell.
Saleem
2 comments:
S
I am surprised that you seem to be fully invested here??
J Cramer said be cautious.... He now loves apple and BIDU.
NLY and IVR for mortgages his mortgages play..
The market is very red today--my CAT is down a lot.
Wel I have got to go do some painting
Cheers
Hi C,
I am TRYING to take advantage of lower prices.....it feels like as IF i am buying in March 09 ?
Good luck with painting...painters tape is a must...
Saleem
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