Thursday, 29 November 2007

Market Update - 29 Nov 2007

Market rallied yesterday and there was a late rally today. Some of this was due to the speculation of another possible rate cut by Fed. 65 days ratio is still red so trade with caution preferabbly with lower profit margins.

Double trouble candidate for 28/11/07
EDD
FOGL

Double trouble candidate for 29/11/07
EMED
IDOX
PHC
VED

VED seems to be ticking all boxes of DT. The volume was ver high.

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