Friday 15 February 2008

Market update 14 Feb 2008

Market has been moving up for last 3 days. If it can maintain the momentum, we may see things turning soon. It is still very volatile so trade with caution. It is good for intraday traders to make some buck! Long term traders, hold your horses and stay with cash. There might be a rally round the corner. Markets in Asia are rallying for last 3 days.

Dt candidate : BES, IMTE, OPM

EP Candidates: ANR, STL
Focus ANR. This came up few days back. New company and seems be doing very well. Up almost 60% in last 3 weeks. Rising platinum cost seems to be the catalyst and power crises in south africa is fuelling the growth. Seems a good buy on some weakness.

No comments: