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Friday, May 30, 2008

consolidation time

Proposed action for tomorrow's trade None
Today's action None
Famex 10958
News for today : 1 : NEW YORK -- Stocks rose for the third straight session Thursday as oil prices fell sharply and the government reported that the economy grew last quarter at a faster pace than previously estimated.
News for today : 2 : Ambareesh Baliga of Karvy Stock Broking, sees the Sensex trading closer to around 15,600 to 15,800. At those levels, he feels, there should be some amount of consolidation. However, he doesn't see the market going lower than that.
Stock Barometer 2 - up
Strategy for today : Hold to stocks
Quote for the day : There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact. ~Mark Twain

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