Hi animesh, hold rnrl and rpower for short term. lets see how markets react to the merger news tomorrow. amd has resistance at 28. will do well once crosses it. nagfer will do well once crosses 34

Hi CB,

Do u knw what i love ur advice...the way i think u just giv me the confidence :)...
I want to invest 5k...just let me know in which shares shld i invest fr 2-3 weeks..
1)AMD
2)RPower
3)Naga Fert

REgds

Hi CB,

Any news abt AMD industries...may i know when the q1 result is going to declare...any rumours abt AMD?..

Regds

EARLY WARNINGS

WLI Growth Drops

ECRI
July 02, 2010
(ECRI) - A measure of future economic growth fell slightly in the latest week, while its annualized growth rate continued to decline, indicating the economy is about to slow, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index slipped to 122.2 in the week ended June 25 from 122.9 the week before.

The index's annualized growth rate fell to minus 7.7 percent from minus 6.9 percent the prior week.

That was its lowest level since May 22, 2009 when it stood at minus 8.7 percent.

WLI Widely Misunderstood

ECRI
July 01, 2010
(ECRI) - There's been much attention to our work of late, including a report from Bank of America listing several critiques of our Weekly Leading Index (WLI). Apparently, the clinching argument is that "If a single indicator always accurately predicted the trajectory of the economy, the demand for Wall Street economists would be significantly reduced."

To some Wall Street economists, it may seem self-evident that there should be strong demand for their views. But this is not at all clear to us as far as their recession-forecasting function is concerned. After all, a 63-country IMF study on economists' recession-forecasting prowess concluded that "The record of failure to predict recessions is virtually unblemished." In contrast, the IMF subsequently noted that ECRI "has actually had a very stellar record" of recession forecasting.
Bottom line, neither the "experts" predicting that the sky is falling based on the WLI, nor the other "experts" indulging in misinformed WLI-bashing in an effort to discredit the super-bears, have a real clue to what the WLI is all about. We created the WLI not to be an infallible, stand-alone recession-forecasting machine, but as one small part of a much larger array of leading indexes (each made up of many economic indicators) -- like the especially prescient U.S. Long Leading Index. This array amounts to a sophisticated sequential signaling system of the economy’s cyclical turning points. The WLI is designed to be interpreted in this broader context, and its message today is quite simple: a slowdown in U.S. economic growth is imminent, but a new recession is not.

A measure of future economic growth fell slightly in the latest week, while its annualized growth rate continued to decline, indicating the economy is about to slow, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index slipped to 122.2 in the week ended June 25 from 122.9 the week before.

The index’s annualized growth rate fell to minus 7.7 percent from minus 6.9 percent the prior week.

That was its lowest level since May 22, 2009 when it stood at minus 8.7 percent.

The sigs that a double dip is coming seem to be mounting. The ECRI weekly leading index is certainly as close to showing double dip as it can get. In my view, monetary or fiscal stimulus cannot stop this from happening given the lag with which policy works.

Instant Insights with the Fast Money traders

Looking at new research from Bespoke, earnings revisions are in a clear downtrend, says Steve Grasso. I think companies are going to be hard pressed to show profits in the second half of 2010. There’s nothing to get buyers excited. Fundamentals are terrible and technical patterns are bearish.

As we first told you Thursday, the S&P is now on the verge of hitting something chart watchers call a death cross – a pattern created when the 200 day moving average crosses the 50-day; it’s another bearish signal.

Because of all these headwinds I expect the market to trend lower, says Steve Grasso.

Will earnings season turn this market around? * 3514 responses
Buy -- Revisions are overdone
36%
Hold -- Currency fluctuations could be a major headwind
15%
Sell -- A double-dip ahead
49%
Your response cannot be recorded. For assistance please contact MSNBC technical support.
I’m concerned we could see a terrible Tuesday, adds Joe Terranova. Over the holiday week-end many investors may reflect on the lack of positive catalysts in this market. That could send them to the sidelines and set us up for an ugly Tuesday; it could be a capitulation type of morning.

I agree with Joe, says Patty Edwards. And don't forget that although the US markets are closed Monday world markets will be open. It’s entirely possible negative headlines come out of the world markets on Monday; that too would trigger selling.
Egypt Leads Drop in Middle East Stocks on Growth Concern, Oil
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By Zahra Hankir

July 4 (Bloomberg) -- Middle East shares fell, with Egypt’s gauge dropping to the lowest since November, on concern weak manufacturing data from the U.S. to China will slow the global recovery. Oil lost 8.5 percent last week, pushing Gulf stocks lower.

Egypt’s EGX 30 Index lost for an eighth day, decreasing 2.3 percent to 5,895.55, helped by Pioneers Holding after the brokerage and Beltone Financial abandoned a plan to combine. The Kuwait SE Price Index slid 1.7 percent to 6,320.6, the lowest since November 2004. Agility fell 5.2 percent on investor concern over the impact of a U.S. criminal case against the Middle East’s largest storage and logistics company.
Bahrain’s gauge slipped 1.4 percent to 1,361.19, the lowest since at least July 2004, when Bloomberg started tracking the index. Saudi Arabia’s Tadawul All Share Index fell 0.5 percent. Dubai’s DFM General Index declined 0.1 percent and Qatar’s QE Indexbenchmark decreased 1.2 percent.

Oman’s benchmark stock index gained 0.1 percent, Abu Dhabi’s ADX General Index advanced 0.2 percent and Israel’s TA- 25 Index rose 0.5 percent.

Take care NSEGUIDERS
GOOD LUCK
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When I got lock with icicibank short@843,I lost my breath,when it was [email protected] yours and kartik support made me to hold it.Never forget your best support.I have no words to express my regards.I thank god to present me Chirag and Kartik.