Sunday 10 May 2009

Share of Interest

Heritage Oil (HOIL)

..major discovery in the Kurdistan region of Iraq...

Share on the rise. Oil sector is generally on rise on rising oil prices.

Share of interest...

ISAT:

Profits up 23% in last quarter.

Recommendation from Goldman sachs . Has rised 7% on Friday after the recommendation.

May go up 20 to 30% from her....

Rally so far..

In last 6 weeks, market have risen more than 25%. There is still debate about where this is a bull market or whether this is a bear market rally. People who got in early in this rally have made some heatlthy profits. Miners and finance sectors have seen the biggest gain.

There is still some steam in this market. However some correction might be around the corner which is good for this rally. Some correctin will help for the next leg of rally...