INDO Stocks, PAA, and general market thoughts
Still bullish on ..TLK .. IIT .. PAP
Indonesia
ID JAKARTA COMP 03/16 7:16 am 510.79 + 4.05 0.80%
PAA, Pan AM, is speculative. last at .75
Started Filings for bankruptcy about a month ago. Not traded since that time. From Friday's news, a bailout offer is in the works, from Ichon.
May be a nice play for daytraders when it resumes trading, not that it will resume today, but a good one to keep an eye on.
I hold a little of this long term at 1 3/8 with U S Air in mind, as it traded at 4.00 just 3 short years ago.
Tech stock should continue to rally , many of the techs have had their bad quarters and are ready to acknowledge and move on up.
DOW 9000 coming, then watch out.
9000 is a psychological barrier. Profit takers will swarm on that number, we will be seeing some major profit taking, for several days, before our bull market continues on up it's merry way.
Have a great day all,
Sue |
