Tuesday, November 3, 2009

Market summary

MArkets clsoed mixed today after a rynup from morning open. Asia and europe had a big sell off overnite and it was lokking ugly this morning till Buffet came and saved the day for the bulls by buying BNI.
Sector wise we had leadership in transports and materials while Semis closed red. Though I will call Gold as the star of the day, an impressive move by GLD today.
Tomorrow is fed decision and I think market is in wait mode till then.
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