another hope to peak soon

Proposed action for tomorrow's trade	Scout for good shares
Today's action	None
Famex	10974
News for today : 1 :	Wall Street turned in a mixed performance Tuesday as investors traded cautiously ahead of the Federal Reserve's Wednesday decision on interest rates. The Fed, facing a faltering economy but also rising inflation, is expected to cut interest rates by another quarter point after its two-day meeting concludes Wednesday. Many investor believe policy makers will then signal that they are planning to hold rates steady for a while.
News for today : 2 :	In its Credit Policy, the RBI has hiked the CRR by 25 bps to 8.25%. It has left the repo, reverse repo rates unchanged. The RBI aims at 4-4.5% inflation going forward. It is attempting to bring down the inflation to 5.5% in FY09.
Stock Barometer	3 - volatile
Strategy for today :	wait for the next high
Quote for the day :	A bank book makes good reading - better than some novels. ~Harry Lauder