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Saturday, May 17, 2008

crossed 100 again (aiming 103)

Proposed action for tomorrow's trade None
Today's action None
Famex 12751
News for today : 1 : Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed news of a surprise increase in home construction.
News for today : 2 : Jyoti Vaswani, Assistant Director, Fund Management, Aviva Life, said the markets are in a consolidation phase. "A correction was overdue after the rally." He feels there is a possibility that markets will re-test its January lows.
Stock Barometer 3 - volatile
Strategy for today : Wait for a fortnight. We should expect Famex to reach 103 today. (already reached 101)
Quote for the day : Those who are unwilling to invest in the future haven't earned one. ~H.W. Lewis, Technological Risk, 1990

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