Sunday, 20 July 2008

LSE - Start of New Rally?

...may be. Too early to say that. The ratio's are turning postive. Financials and house builder stocks have rallied on back of postive earnings news and falling oil prices. Currently market is so volatile that it takes one bad day for oil for these stocks to loose all gains. Some of the housing stocks have doubled in less than one week. They may under go a minor pullback at that stage before they continue the next leg.

Stocks to watch (for bounce)
BVLN


Stock to watch for further rally
ADN
AMS
BGC
DCA

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