Excerpts : Anagram's Weekly Watch:04/10/2008 --------------------------------------------------------------- MORE PAIN INSTORE
The markets are headed for a sharp fall when they re-open on Monday..................... My question : Anagram says sharp fall on Monday - Oct 6th 2008 ..... What do the Pundits in the group feel ? ----------------------------------------------------------------------------- Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money. ----------------------------------------------------------------------------- ---- Regards Subu ----- Original Message ---- From: ekam ber <[EMAIL PROTECTED]> To: [EMAIL PROTECTED]; [EMAIL PROTECTED]; [email protected]; stockbuffs <[EMAIL PROTECTED]>; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED] Sent: Saturday, October 4, 2008 5:12:34 PM Subject: kences1:7360 Anagram's Weekly Watch:04/10/2008 Anagram's Weekly Watch:04/10/2008 MORE PAIN INSTORE The markets are headed for a sharp fall when they re-open on Monday. There is whole weekend ahead for the bears to prepare for the ambush. No, don’t get me wrong. The $700 Billion Bailout plan was finally passed by the House of Representatives and signed by the President also in double quick time. But the Dow ended in the red with a loss of 157 points for the day. The Dow has lost 7% and the Nasdaq 10% over the week, in which credit squeeze returned to the global centre stage. Earlier on, the Sensex closed the week at an 18 month low while the Nifty managed to stay away from a yearly low by just a whisker. The FIIs have continued to sell and now the big boys in the Sensex and Nifty are getting the hit. The broad capitulation, which usually marks a bottom, seems round the corner. But since the reasons why the markets are falling are global, there is no sense in buying the dips in the Indian markets, as it is a long winter ahead of Global credit and confidence squeeze, which is likely to now play out in full measure in the days ahead. Technical Picks for the Forthcoming Week STOCK RECOMMENDATION CMP STOP LOSS (Rs) TARGETS (Rs) EDUCOMP SELL 3132.00 3350.00 3000,2878 RPL SELL 137.40 142.50 127,120 FUNDAMENTAL CHECK Stocks Covered This Week Company Price 03.10.08 (Rs) Report Type Recommendation & Target (Rs) JUPITER BIOSCIENCE 75.15 RESEARCH REPORT BUY ekamber Life is a bridge. Cross over it, but build no house on it. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
