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Tuesday, May 13, 2008

time to gain

Proposed action for tomorrow's trade None
Today's action Sell BASF
Famex 12430
News for today : 1 : Wall Street rallied Monday as oil prices fell back and alleviated some of investors' concerns about accelerating inflation. The Dow Jones industrials gained 130 points.
News for today : 2 : Jordan Kotick, Head-Global Technical Strategy, Barclays Capital, said there is nothing exciting about India. "Other markets look more attractive. The Nifty is likely to be in a plus or minus 200-points range in the near-term and in a consolidation building phase for the short-term."
Stock Barometer 2 - up
Strategy for today : Wait for a fortnight. We should expect Famex to reach 102 today.
Quote for the day : If the nation's economists were laid end to end, they would point in all directions. ~Arthur H. Motley

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