Market scenario

#The Put-Call Ratio is moderating, which could signal good up trend in Equity markets in the next few days(till 3 sep 2007).

# EUR selling off as market participants reduce bets that the ECB will hike rates on the 6th of September. Carry trades lower.

#Japan's Consumer Prices Fell 0.1% in July, Sixth Monthly Drop

#energy stocks will gain.

#The Market is Waiting for Bernanke in Jackson Hole
The market is pricing in a rate cut or two. If Bernanke fails to deliver, equities will crash.--- dont worry about it(at 31aug2007 evening.) As The expectation in the stock market is that FED will cut interest rates at September 18th

conclusion --3rd sep indian market seems strong .positive.....