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Tuesday, May 20, 2008

first trading session of this week

Proposed action for tomorrow's trade None
Today's action Buy Gail
Famex 12751
News for today : 1 : Wall Street ended mixed Monday after weakness in the technology sector punctured some of the market's enthusiasm over a report that suggested the economy could still be growing.
News for today : 2 : Andrew Holland, DSP Merrill Lynch & Nilesh Shah, MD & CEO of Envision Capital think in the short-term the pressure from commodity prices, food prices, oil prices will have an impact on markets, and this is going to hurt earnings.
Stock Barometer 3 - volatile
Strategy for today : We should expect Famex to reach 103 today. (already reached 101)
Quote for the day : Do not value money for any more nor any less than its worth; it is a good servant but a bad master. ~Alexandre Dumas fils, Camille, 1852

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