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marketman  
Joined on : 4th-Jan-2004
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Investor from India.... wanting to learn and earn more from stock market....


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Possible interest rate cuts is a positive sentiment for real estate sector.... buy on declines.... short term investors will have to keep stoploss at 25 and long term investors can go for averaging if it falls again below 25.......
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Suzlon may be in trading band of 25-40 in the near term.... As it is trading just above higher band price,there is little chance for investors to get profits in coming sessions.......
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05 Dec 2008 05:20
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Crude is now at 43 and still looking very weak.... the ongc eps may fall to below 60 with the crude at 45.... so,with the maximum pe multiple of 8 the stock is fully valued at the mentioned price in this extended bear market.... so,the scrip will continue to be weaker in coming sessions....

If the crude comes down to 25 dollar per barrel,govt will have to announce some package(reverse subsidy) to this company for its survival.......
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10-15% fall in front line indices very much possible in the very near term ahead of poor corporate perforamances.......
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Infosys to freeze new recruitments as US recesion gives more pressures on its business.......
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05 Dec 2008 03:10
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Oil fell more than 6 percent on Thursday to its lowest level in nearly four years in response to further bleak economic data that could spell a deeper decline in global energy demand.


U.S. light crude fell $3.12 to settle at $43.67, the lowest since January5, 2005. London Brent crude fell $3.16 settling at $42.28.
Oil prices have dropped more than $100 a barrel from record highs over $147 in July, as the global credit crunch has eaten into demand in large consumer nations.




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05 Dec 2008 02:57
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Top U.S. phone company AT&T Inc said it will eliminate 12,000 jobs, or about 4 percent of its workforce, in a fresh wave of cuts to cope with an economic downturn that has exacerbated a decline in traditional phone sales.

The cuts come as phone companies struggle with declining land line sales, as more consumers switch to wireless or alternative, cheaper services offered by cable and Internet companies. AT&T cited ...
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