Monday, June 6, 2011

Indices down .16% to .41%.......

Indices are down again, but off their lows.

S&P 500 went to 1291.23 as low of the day so far....

RSI currently is 36.10...recent low was 32 area....

Internals are negative....

Gold UP $8.60

Oil Down 85 cents

Canadian $ Down 10 tick @ 102.13

VIX Down .72% @ 17.82...giving lot of hope for a turnaround ?

Portfolio is CCJ,LULU,TZOO....

Most stocks are down

@ 1.02 following are UP :

WYNN,FCX,AAPL,GOOG,RIMM,PLCM,
ALTR,IBN,EBIX,SINA,ABX,GG....

BLOG does NOT give buy or sell.

Saleem

6 comments:

  1. Saleem,

    Do you think TZOO broke its support and on the way down? Many analyists targeted TZOO above $100 but still did not help. I don't know if double down is good idea at this time. Thanks.

    ReplyDelete
  2. Hi Michael,

    TZOO broke down its support @ $64.54......currently trading @ $62.93...IF i have to guess..today's low in TZOO should hold...

    Double down is a great idea..as analyst target are all around $120 area ?

    Saleem

    ReplyDelete
  3. Saleem,

    Well, I took the plunge and double down on TZOO at 62.5. Thanks.

    ReplyDelete
  4. Hi Michael,

    I have not sold any share of TZOO...

    Good luck on your purchase.

    Saleem

    ReplyDelete
  5. S

    Hello to all

    I got some TZOO at $61.75 !!

    Lets see if tomorrow brings us some wealth!! YES

    I got CAT also at $99.80 IMHO both stocks are way over sold

    lets hope for some bulls real soon

    best to all
    thanks to all for your comments and opinions

    ReplyDelete
  6. Hi C,

    Good luck with TZOO....

    Saleem

    ReplyDelete