30/09/08 institutional investment list

1. INTU
2. ONI
3. BKR
4. NRB
5. CMTL
6. XATA
7. WWY
8. EZPW
9. PBT
10. VRTX
11. UIL
12. SPTN
13. LACO
14. SWX
15. OUTD
16. WNI
17. SYKE
18. SMA
19. MWIV
20. BITI
21. EXTR
22. YPF
23. WPP
24. REV
25. MG324
26. PG
27. CPB
28. PEET
29. DMND
30. SEAC
31. GLRE
32. TPGI
33. FCNCA
34. PRK
35. FLIC
36. UVSP
37. TAMB
38. CBSH
39. TCBI
40. FPO
41. UHT
42. OHI
43. HR
44. ARE
45. ACC
46. RPT
47. UBA
48. MGRC
49. FNFG
50. TRNS
51. MAGS
52. PHTN
53. CNU
54. DLA
55. BOOT
56. LF
57. SWWC
58. CTWS
59. AIRV
60. DCM

Institutional buying of stocks

On a black monday lot of stocks have popped up for buying. Here is the list

1. MIPI
2. BPAX
3. TRCA
4. INOC
5. APAC
6. SDP
7. SDS
8. SZK
9. DOG
10. SH
11. MYY
12. MZZ
13. DXD
14. SMN
15. BIL
16. SDK
17. TLO
18. ITE
19. SJL
20. FXP
21. SCC
22. SJF
23. SFK
24. RSW
25. TLT
26. KVHI
27. ESCC
28. VIDE
29. EZPW
30. KTOS
31. MXWL
32. EFU
33. HE
34. VLNC
35. CFSG
36. PHHM
37. MRY
38. PLW
39. HDIX
40. CPB
41. SEAC
42. UNB
43. MAGS
44. WEDC
45. CNU
46. SGC
47. EEV

Not surprisingly majority of them are ultrashort instruments. Notable among these are
PHHM , HE , VLNC , CPB, SEAC and CFSG. Keep an eye on these stocks after the current bear market is over.

black monday on the stock market

what a day for the stock market worldwide. First the statistics:

AEX Index	323,55	-8,75%	S&P 500 Index	1111,68	-8,35%
Dow Jones Indus. Avg.	10404,71	-6,63%	Nasdaq Composite	1983,73	-9,14%

so finally with all the talks of government bailout, we are on the right track. The market is really a different creature. It senses what is going to happen and responds accordingly. Rightly has it been said that the market lives in the future. Even before the bill for bailout of the US housing crisis was rejected by the US senate, the market took a downward plunge.

The AEX index has still to go way down. In order to complete the head and shoulder pattern with neckline around 389.98 (with high of 562) it has to go down to 217. That will complete the move and hopefully end the market downturn. Today's move is only the beginning. It may not be a linear slide but slide it shall be. I hope not, but be on the watchout.

EU is more leveraged that US. US economy's debt/GDP ratio is only 38 whereas of the EU region is more that 60. Moreover the EU is not so tightly knit as US. that might complicate the unwinding process. In the past EU has overcome their cultural barriers and acted alone, to make their single currency. How well they act now to save the economy will prove the future of the EU as a whole. It is these times of crisis that breaks or makes bonds. Bonds forged in troubled times make for a bright future. These are times of consolidation and is good for the economy as a whole as it flushes it clean. All the junk created by greed of people needs to come out to the open.

Given the US precedence it will be hard to restore confidence of people just by bribing the wall street or the european stock market. Liquidity is one thing and confidence another. Confidence is brought about by strong leadership which lives up to the promises it makes. This is what was missing in US. Europe is different but given the size of exposure to what has happened in US and the strong interrelationship of US/Europe it will have to suffer as well.

The huge wave which hit the US shore has now finally arrived here. Damage will be done but the strength and tenacity of EU nations will surely live up to the crisis that faces us.

Every such crisis has a huge positive side. That is it consolidates the industry and teaches us to avoid excesses. Mother nature does destroy but finally for our own good ......

US DOLLAR devaluation

The budget deficit will only increase leading to further devaluation of dollar as currency. It is only if growth picks up and investor confidence returns then deficit as percentage of GDP will decrease. We are looking at a time span of 5-6 years before that happens.

Expect dollar devaluation and invest in euro.

breakout heavy volume (all us stocks)(26/09/08)

1. SXCI
2. QCOR
3. SQNM
4. EBS
5. BHV
6. SDK
7. SJL
8. WWY
9. MTXX
10. NLCI
11. RGCO
12. WNI
13. HRH
14. OTEX
15. KBW
16. ENSG
17. PHHM
18. SPAN
19. CSCX
20. IVD
21. MOV
22. OPOF
23. SHBI
24. SBSI
25. AUBN
26. CSFL
27. NNN
28. RPT
29. WEDC
30. TMTA
31. ASHW
32. DCM