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Saturday, May 3, 2008

aiming at 103

Proposed action for tomorrow's trade None
Today's action None
Famex 11049
News for today : 1 : Wall Street turned in a mixed performance Friday as investors set aside some initial enthusiasm over a stronger-than-expected jobs report to lock in some of their recent gains. Blue chip stocks logged their third weekly advance in a row as investors grew more confident about the economy's ability to outrun a deep downturn.
News for today : 2 : Pashupati Advani of Advani OTC Dealers said there are both bullish and bearish investors in the markets, as seen by low volumes. He told CNBC-TV18 that the US Fed move, gains in China and other markets are adding to the momentum. He expects to see an upside of around 5-10% from current levels.
Stock Barometer -
Strategy for today : Let us set our target as 103 and sell all shares then and reenter again.
Quote for the day : Money can't buy happiness, but it can buy you the kind of misery you prefer. ~Author Unknown

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