Tuesday, March 31, 2009

Tuesday March 31, 2009


This is not a good start of a week. DOW and TSX both lost a lot of ground.
I sold CEMJQ and got all my investment back on this stock. Now I am on a free roll, i still have 20,000 shares. That’s the only thing that is good about this week so far. The market is so confusing. No one ever knows if it hit the bottom yet. We want some positive signs so the market can jump and the world feels that the worst is over.

The weekend was not very productive. I did not reach my goals. Oh well! There is always another weekend.

The Wall Street news “Tuesday started with news that home prices sank in January and that Chicago-area business conditions deteriorated in March. But consumer confidence data is expected to show a slight improvement in March.
The market is coming off a two-day pullback after rallying on better-than-expected home sales, retail sales and durable goods data. A Treasury plan for banks' toxic assets and calming remarks from the banks' CEOs also helped the Dow Jones industrial average soar 21 percent in fewer than three weeks.”

No comments:

Post a Comment