Thursday, 10 July 2008

LSE Market Update

LSE is now in bear zone. FTSE is down 20% from 12 months. This by defination is bear teritory. Being on the sideline is safe bet. Also market monitor is in red zone.

Stocks to watch for rebound
Aveva
Thomas Cook

Stocks that may rise
EBT China
Experian

Stocks that are highly like to undergo some correction(possible short)
All house builders - some of them have rallied 50% in last 2 sessions.

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