Traders are selling the rally big time.Dow was UP 123.74 points @ high of the day, then went down to 11,350.76 which was a slump of 178.91........
All Indices are red, after being green......
Oil UP $1.06
Gold UP $3.69
Canadian $ UP 18 tick @ 101.92
VIX Down 1.22% @ 32.45..low was 30.81.....
In my portfolio :
Sold AUY
Added 75% RVBD @ $24.88
Portfolio is LULU & RVBD
$ weighting is equal @ 50%
Exposure 52%
Internals are mixed, with Nasdaq showing 50% negative...new lows are in the lead in Nasdaq
@ 1.27 following are green :
AUY,CNQ,POT,GLD,GG,FCX,MOS,MPEL,WYNN,
SLW,AG,BAC,FMCN,PWRD,SU,ABX,AEM,KGC,
NYX,FWLT.....
BLOG does NOT give buy or sell.
Saleem
1 comment:
Saleem,
Hopefully everything is okay with you. Your health is important, so please keep us posted. I wish you all of the best.
I sold AUY this morning and started LULU @ 52.4, TZOO @ 36.5, and RVBD @ 24, 50% investment. It is very tough environment. I just jumped in. If seeing some profits, take them and move to others.
Michael
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