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Friday, May 23, 2008

5% down

Proposed action for tomorrow's trade None
Today's action None
Famex 11943
News for today : 1 : Wall Street steadied itself Thursday after two sessions of steep declines, rebounding moderately as oil prices stepped back from their frenetic upward run.
News for today : 2 : PN Vijay, Portfolio Manger said that India is feeling the full impact of high crude prices and it does not even have a strong rupee to cushion that effect. He said that the agricultural harvest in India has been good so the pressure from inflation on food is abetting.
Stock Barometer 3 - up
Strategy for today : Hold to stocks
Quote for the day : Invest a few moments in thinking. It will pay good interest. ~Author Unknown

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