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
Hey Saleem,
ReplyDeleteOCZ 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
Hi Stocktrader,
ReplyDeleteOCZ is trading down 8.3%.....it needs to hold $3.90 as support..bid is $4.07......
Saleem
SALEEM
ReplyDeleteSorry 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
Hi C,
ReplyDeleteI 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
HELLO TO ALL
ReplyDeleteSaleem
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??