S&P downgrade of US debt is having NO effect, in our politicians will to resolve deficits.
Indices down almost 5%
S&P 500 low today so far is 1139.68...RSI is S&P 500 is an unbelievable 17.87 NOW
Gold UP $67.59 @ all time high of $1716.30
Oil Down $3.41 @ $83.47..8 months low
Canadian $ Down 89 tick @ 101.03
VIX UP 29.78% @ 41.25
Portfolio is AMZN,FFIV,LVS,LULU,RVBD
Internals are negative..down volume leading by 19 to 1 in Nasdaq
New 52 wk lows are 1191 in NYSE & 545 in Nasdaq
@ 2.06 following are green :
GG,AUY,ABX,AEM......
BLOG does NOT give buy or sell.
Saleem
4 comments:
Unbelievable guys...
2:35 is often when smoking short-covering rallies begin--here's hoping :)
Hi Stocktrader,
This is really an unbelievable slump....
S&P 500 low so far 1119.28..rsi 16.56......
Saleem
Hey
The bleeding has got to stop
Unbelievable awful.
We got to turn up
Dunno when the DOW RSI is 19.
Hoo Ya
Call out the Army
Hi C,
YES....it will.....BUT we do not know WHEN ?
Saleem
Post a Comment