where are we headed ?

it seems we have reached a cross road and are unsure as to which direction the stock market will take from here ... should we sell all the holdings here? there is a general perception that all the Q4 results would be disappointing this time.

Proposed action for tomorrow's trade	None
Today's action	Sell Bharat Forge at 279
Famex (according to previous trading day)	11147
Previous month close	12557
Movement from previous month close	88.77
Target for this month	13310
News for today : 1 :	For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches of housing, credit and financial crises. Yet, he was coy about the Fed's next move.
News for today : 2 :	We missed the selling of Bharat Forge by Rs. 1 /-. Will try to sell it once again today at the same price.
Stock Barometer	3 - Volatile
Strategy for today :	Sell weak stock on high
Quote for the day :	Foul cankering rust the hidden treasure frets, But gold that's put to use more gold begets. ~William Shakespeare, Venus and Adonis, 1593