Proposed action for tomorrow's trade | None |
Today's action | None |
Famex (according to previous trading day) | 10827 |
Previous month close | 12557 |
Movement from previous month close | 86.23 |
Target for this month | 13310 |
News for today : 1 : | Wall Street extended its big advance Monday as investors applauded a new agreement that will give Bear Stearns Cos. shareholders five times the payout that was set in a JPMorgan Chase & Co. buyout deal a week ago. Investors were also pleased by a stronger-than-expected housing report, and sent the Dow Jones industrial average up nearly 190 points. |
News for today : 2 : | Sudarshan Sukhani of Technical Trends said the markets appear to be stabilizing in the short-term. At this point, the rewards appear to be more on the long side and more buying on the short side. But all it needs is just one bad day in international markets to cancel this scenario, so that caveat remains. |
Stock Barometer | 2 - Good |
Strategy for today : 3 : | Watch |
Quote for the day : | When buying shares, ask yourself, would you buy the whole company? ~Rene Rivkin |
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Tuesday, March 25, 2008
the gains continue
Thanks to the good news at the US market, the gains would continue today also. Problem is when do we exit?
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