How do you treat this website?

Tuesday, June 17, 2008

to find a direction

Proposed action for tomorrow's trade None
Today's action None
Famex 11412
News for today : 1 : Wall Street started the week with a mixed finish on Monday as investors weighed volatility in oil prices and new hope for the financial sector after Lehman Brothers posted results. Stocks spent much of the session mostly lower after a fresh record for crude oil and a decline in regional manufacturing activity touched off concerns about the ability of the economy to push ahead.
News for today : 2 : Sanjay Sinha, CIO, SBI Mutual Fund, said the uncertainties in the market have not gone yet. "Inflation remains a big concern. It would cross double digits. The question is how long it will last. High input prices are also likely to impact margins going forward. We can see more downside if Q1 results are not inline with expectations. Politics and liquidity flows will be other factors to watch out for."
Stock Barometer 3 volatile
Strategy for today : Hold to stocks
Quote for the day : I look back on it, yeah, I'm in a much worse financial position than I was eight years ago. I'm going to have to go out at age 62 and kind of readdress some of that.
Bruce Babbitt

No comments: