Monday, May 26, 2008

Monday Blues

The markets crashed. Boy look at the way everything came tumbling down. I dont have the money to put in the markets. But what better time than this to put in your money for the long term.
Ofcourse if you want to make fast bucks you have to take higher risks. For the stocks I had predicted to go up here is the result

SYMBOLFriday's PriceToday's PriceGrowth
GINNIFILA

12.3

12.75

3.66

SOFTTECHGR

30.1

31.2

3.65

GENESYS

113.25

118.95

5.03

HINDSYNTEX

5.1

4.75

-6.86

NAGREEKCAP

81.85

77.8

-4.95

PDUMJEIND

26.7

25.5

-4.49

SAMBHAAV

3.15

3.15

0.00

DTIL

123

115

-6.50

PANORAMUNI

77.9

71.15

-8.66

SSWL

145

143.85

-0.79

BLUECOAST

191.05

185

-3.17

BHARATRAS

73.85

70.25

-4.87

ZODIACLOTH

434

427.55

-1.49



The top three by volume have actually gone up considerably. But the low volume stocks have gone below sea level.
Today my program didn't return any stocks for tomorrow. I dont know what to make of it.
One bit of advice, The prediction I make are based on the price I show alongside and the maximum gains I expect are 4-5%. So please dont buy anything that's already over that limit. Moreover all these stocks will go up for a very short period of time - in the range of 1-3 days. So if your stock does go up and if you have a notional profit of around 3% on day 2 then sell. And if you are at a loss of 3% at end of day 1, hold for just one more day and if it does not recover then sell off.
That's all I can say for today.

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