Monday, January 30, 2012

Indices coming back after morning selling.......

Indices are fighting back after morning selling due to overbought conditions.

S&P 500 went to 1300.49 @ its low, lowest point in 3 days of selling. This was a pullback of 32.98 points or 2.47%......

Internals are negative by minimum 2 to 1

Oil Down 68 cents

Gold Down $2.00

Canadian $ Down 11 tick @ 99.62

VIX UP 5.23% @ 19.50

Portfolio is AMZN,OTEX,RIMM,RVBD....

Most stocks are down

@ 2.00 following are UP :

RIMM,AAPL,COH,M.JCP,CMG,
FFIV,QCOM,BIDU,MA,RENN,
TSL,MU,CRUS,SBUX,FNSR,
KOG...

BLOG does NOT give buy or sell.

Saleem

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