23 April 2008

euro vs doller

The stock market is right now is struggling with commodity and in money market.
U.S. stocks were mostly lower on Wednesday as new worries about bond insurer Ambac dragged down financial shares, offsetting optimism about technology sector earnings, while the euro posted its biggest drop against the dollar in three weeks.U.S. stocks sank on Tuesday as oil prices neared $120 a barrel and fed worries about inflation and consumer spending, while a series of disappointing profit outlooks made the mood even worse.in spite of all volume is good and all economists are saying we will out of woods soon no doubts despite of all things we will edge on recession but it need some some and when all bads news were washed out and we will flag the renaissances of stocks victory keep hold your stocks Asian market will also outperforms this year many of brokerages houses and technical gives their views we will not see new high in the market but they forget one thing when ever market started digesting bad news and starting kissing good news and we will leave woods behind.Apple posts more than $1 billion in profit; Mac sales booming, up 51% we can also bet fro it sector we like polaris here with infosys

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