| Proposed action for tomorrow's trade | None |
| Today's action | None |
| Famex | 12298 |
| News for today : 1 : | Wall Street pitched lower for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry about rising costs and a shaky employment picture. |
| News for today : 2 : | S Naren, Senior VP and Head Equities, ICICI Prudential, said crude will cast a big shadow on market rallies from hereon. "It is tough to take a fundamental view on oil stocks due to high prices." |
| Stock Barometer | 4 - bad |
| Strategy for today : | Hold to stocks |
| Quote for the day : | Money is much more exciting than anything it buys. ~Mignon McLaughlin, The Second Neurotic's Notebook, 1966 |
Thursday, May 22, 2008
shaky grounds
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