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Sunday, May 11, 2008

all in stocks

Proposed action for tomorrow's trade None
Today's action None
Famex 12144
News for today : 1 : Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week.
News for today : 2 : Robert Parker, Vice Chairman, Credit Suisse Asset Management, said the markets will recover by year-end, but will be volatile in May-June.
Stock Barometer 3 - down
Strategy for today : Wait for a fortnight
Quote for the day : Wealth - any income that is at least one hundred dollars more a year than the income of one's wife's sister's husband. ~H.L. Mencken

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