Wednesday, July 27, 2011

Fed survey showing slowdown in most areas......

Fed survey is confirming slowdown in summer in US.

Indices are down again due to "no progress" in debt reduction.

Indices are down .94% to 2.13%

Internals are down almost 6 to 1

Gold Down 40 cents

Oil Down $1.87

Canadian $ Down 61 tick @ 105.37

VIX UP 7.61% @ 21.77

Portfolio is AMZN,ATML,FFIV,RVBD

Most stocks are down

@ 2.28 following are green :

AMZN,LVS,MPEL,NFLX,FMCN....

AH ER GG & LOGI

BLOG does NOT give buy or sell.

Saleem

4 comments:

c said...

S

It is looking like we will close down a lot.....

Hope you are having a good day
It is 94% in Dc but not to humid

best to all

Stocks100 said...

Hi C,

Close is not looking good @ all.

Saleem

Michael said...

Saleem,

Cash is King in this crazy market. I am still holding 40% of cash. What is your strategy at this time? Will you hold on and wait for August 2nd, or....? Thanks for your comment.

Michael

Stocks100 said...

Hi Michael,

When market is trading @ 44.22 RSI..it is time to be very aggressive......

It is hard to believe today BUT debt deal will be done ....once market gets any hint of that..we are looking @ 300 Dow points....

I sold ATML & bought LULU.....

I am staying within my 65% exposure...

Saleem