Wednesday, May 9, 2012

Indices trying for "V" bottom.......

Indices were under selling panic again, thanks to Greece, Spain, Portugal.

S&P 500 went to new lower low @ 1343.13, currently @ 1357.61

Internals are negative

Oil Down 65 cents

Gold Down $9.90

Canadian $ Down 20 tick @ 99.89

VIX UP 1.94% @ 19.42

Portfolio is COH,LSI,LVS,LNKD,RIMM

Most stocks are down

@ 2.01 following are among green :

LNKD,KORS,APKT,LEN,CLF,VMW,FCX,
PCLN,GOOG,AAPL,JCP,GG,SLW,V,CRM,
ZNGA,LRCX,SNDK,CRUS.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

c said...

SALEEMA lot more green than yesterday

LSI was green --now not

the fight of bull vs bears I guess

I got MS at $15.60 for day trade

Stocks100 said...

Hi C,

Close will give us a better picture of stocks & market....it looks constructive so far.....

Saleem

Anonymous said...

Hi guys,

I think 1340 is the line in the sand. We've tested that a couple of times. If she holds, I think we can have an up move to 1425+. GLTA.

Stocks100 said...

Hi Victor,

I hope you are right about 1340...6 down days in a row is more than normal???

Saleem