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Market Read for 7/1/2008


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Given the developments in Japan (see the newsbyte posted just prior)—I expect RIO and RTP (main supplies of iron ore in the world) to do well tomorrow. Steel may go down as when raw materials go up in price, the finished good providers first have to eat their margins. Lets see how this pans out.

I also expect the energy sector to carry on where it left off today.

Believe it or not, BUCY, my spork (see detailed analysis for BUCY to know why), which I just placed on my watch list, should also do well.


POT, MOS, AGU may go down, given that farmers have a surplus in corn now (read the newsbyte again).

SOLF may go up—given it’s expansion announcement, it does seem that the company is readying itself for some growth

I expect financial stocks to stagger and fall tomorrow

Interestingly, the web seems to be buzzing a bit about fuel cells offlate—worth keeping an eye out for. This is key to the conspiracy of complex electronics to wholly take over our lives. Isn’t that already happening in this so-called *connected world*? Wait, wait— everyone wants cell phones with 24 hours of talk-time and laptops with 12 hours of battery life. They make great christmas presents. Do let me know if you want to get me one :)

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