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Wednesday, April 16, 2008

while the good news hits the market

Proposed action for tomorrow's trade Buy CHENPETRO and TNPL
Today's action Search for Valuable Shares
Famex 10848
News for today : 1 : Wall Street closed an erratic session moderately higher Tuesday after investors sorted through a mixed batch of data that included a rebound in New York manufacturing, signs of rising inflation and uneven first-quarter earnings. The market also had its eye on the rising price of crude oil.
News for today : 2 : Abhijit Chakraborthy, Institutional Equity � Sales at Edelweiss has a view that Infosys� numbers have been mostly inline and guidance is also broadly what the market was estimating. Having said that, in the immediate quarter and next quarter, there is not going to be much growth in terms of revenue and bottomline, he says.
Stock Barometer 2 - Up
Strategy for today : Accumulate good shares
Quote for the day : You can never predict when that unknown torpedo will come out of the dark and smash the price of a stock. ~Ralph Seger

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