Sunday, August 31, 2008

The Week Ahead

The market may extend its gains mainly triggered by lower inflation numbers.Market will also keep an eye on the meeting of Nuclear Suppliers group in Vienna.This could be the big trigger which could determine the future course of stock market.Crude prices may rise ahead of Gustav, forecast to become the worst Gulf of Mexico hurricane since Katrina. This could led stock market lower .So the week ahead is very important as there will be a tug of war between the bulls and bears.