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Thursday, June 5, 2008

17% down

Proposed action for tomorrow's trade None
Today's action None
Famex 10549
News for today : 1 : Wall Street ended a wobbly session with a mixed performance Wednesday as concerns about the financial sector eroded enthusiasm over a decline in oil prices and a report that signaled modest growth in the service economy.
News for today : 2 : Sanju Verma, ED and Head of Institutional Business, HDFC Securities, said Nifty fell further as it broke below the strong support of 4,800. "The trend is likely to be weak, but the markets may not go back to March lows."
Stock Barometer 3 - volatile
Strategy for today : Hold to stocks
Quote for the day : It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
Daniel Akaka

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