Thursday, January 28, 2010

January 28th, 2010

The market is back to the support level.

The U.S dollar seems want to break out.

I started to see some stocks are bouncing off the support level.

RIMM, AMZN, GOOG
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7 comments:

  1. BASJanuary 28, 2010 at 11:18 AM

    they just had to go and retest S&P 1085..

    palphy

    ReplyDelete
  2. BASJanuary 28, 2010 at 12:06 PM

    all support cracked now. 1085, and 1083.

    close below 1083 is very bearish now?..

    spxu hit 39.55.. so almost to 40 like you said weeks ago ;)

    remation

    ReplyDelete
  3. gcl106January 28, 2010 at 12:19 PM

    Yeah, I wish that I still have SPXU. The market seems like it is very bad for the bulls. But if you look very carefully, there are some silver lining to it.

    ReplyDelete
  4. gcl106January 28, 2010 at 12:47 PM

    Now you can buy berkshire hathaway shares around $72.

    ReplyDelete
  5. gcl106January 28, 2010 at 2:03 PM

    If you have been shorting the market, my advise is to cover now. The market could see a daily reversal.

    ReplyDelete
  6. gcl106January 28, 2010 at 2:27 PM

    I bought another batch of GLD at 106.50.

    ReplyDelete
  7. BASJanuary 28, 2010 at 3:29 PM

    I struck out today. :(

    I had all the balls in the world this morning, but I had no gutz after they kicked me in the balls.

    I wait for tomorrow.

    thews

    ReplyDelete

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