Monday, September 17, 2012

Indices down .28% to .44%.......

As expected, indices are pulling back for a well deserved rest.

S&P 500 @ 1461.69

RSI @ 72.25

Internals are negative by almost 2 to 1

Oil Down 27 cents

Gold Down $2.00

Canadian $ Down 24 tick @ 102.74

VIX UP .55% @ 14.59

Portfolio is LVS

Most stocks are down

@ 1.40 following are green :

FFIV,CMG,PCLN,AAPL,PANW,MCD,EGO,
IBN......

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hey Saleem,

OCZ halted in AH after CEO resigns. Prelude to a buyout? or disaster within the company? I think the former, but who knows with this stock!

Stocktrader

Stocks100 said...

Hi Stocktrader,

OCZ is trading down 8.3%.....it needs to hold $3.90 as support..bid is $4.07......

Saleem

c said...

SALEEM

Sorry the post went on before I could comment

I will be diligent tomorrow to do some serious selling

Looking for a gold and may be a silver buy
lets see
good luck
C

Stocks100 said...

Hi C,

I have deleted your 1st incomplete message.

Be careful with any buying unless you have checked support or resistance...i think we have more downside & Gold or Gold stock is not immune...imho

Booking profit is always recommended anytime.

Saleem

c said...

HELLO TO ALL

Saleem

Sold a lot this AM
KMP, AGNC, SCCO NYB
SDRL did not meet my sell price....waiting

I still have
GGN
BIDU
CNQ
MS
Sprint
BME
ERF
FFC
HIX
PETDX
VNR
SDRL
I Lightened my load by 45%, 55% in cash
I guess my trigger finger said take the profits and run--keep the stinkers for a while longer and the closed end funds pay me to wait it out

For now I will watch and try and learn.
I am expecting gold and silver to go up and a correction.--Lets see if I got it right
Comments appreciated =by all!
VB to all
C
PS
take a look at WHZ, SULV, SUGD, GGN seem like safe moves??