Wednesday, April 4, 2012

Indices down 1.04% to 1.71%........

Indices are in full retreat after rethink of  Fed minutes.

Indices are taking it on the chin, with Nasdaq in major reversal.

S&P 500 low today is 1394.09

RSI @ 53.33

CMF is ascending @ 0.329

Internals are bleeding 5 to 1

New 52 wk lows are in the lead after a long time.

Oil Down $2.48

Gold Down $56.30

Canadian $ Down 53 tick @ 100.37

VIX UP 9.26% @ 17.11

In my portfolio :

Sold AMZN

Bought COH @ $74.76

Portfolio is CNQ,COH,JCP,RIMM,RVBD,ZNGA

Most stocks are down

BLOG does NOT give buy or sell.

Saleem

10 comments:

c said...

SALEEM

WHat went wrong with our amazon

Should we take the loss????
C

Stocks100 said...

Hi C,

I took my 5th loss of the year with AMZN.....today's drop was very disappointing..also yesterday it did not bounce @ all with market......

Also, i wanted COH bad.....

Saleem

c said...

SALEEM

thank you
I agree that amzn disappointment!

May sell today too
this is a short week --- gotta be careful....

Maybe I get COH too.
C

c said...

SALeem

stuck my neck out
got some COH

was all set yesterday
but did not pull trigger

CNBC says that next week is start of earning and we can expect week numbers??? Hmmm--Hype?

C

Stocks100 said...

Hi C,

Good luck with COH....you got on better Sale today.....

Saleem

c said...

SALEEM

I paid $75 for 100 shares

Lets rock $$$$$$$$$$$

C

Up said...

Saleem

I am out of AMZN yesterday because of late day drop plus bounce is not what I hoping for. But this stock is a buy after this correction is over. I do expect this stock will run up to earning and a beat.

c said...

Salem

J Cramer. Likes znga. Says hold it


Says this is a raging bull market more good to come!

C

Stocks100 said...

Hi Up,

Good luck with your portfolio.

Saleem

Stocks100 said...

Hi C,

ZNGA is a tiny part of my portfolio & is NOT performing well....it priced its secondary @ $12 yesterday..lets hope heavy selling is done already.....

Saleem