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Our performance on 30th November 2010

Message Date
BUY(BTST): ZEE FUT @ 145 TGT 148.80-151 S/L 142 astrodunia 11/30/2010 15:26
BUY(BTST): ICICI BANK FUT 1140-1145 TGT 1155-1165 S/L 1135 astrodunia 11/30/2010 15:05
BUY(BTST): 50% BANK NIFTY @ 11980, SBI FUT @ 2980, HINDALCO FUT @ 206 astrodunia 11/30/2010 15:02
BUY: 50% NIFTY FUT @ 5870-5880 TGT 5900-5925 astrodunia 11/30/2010 14:23
RXIT FROM TATA MOTOR HOLDING astrodunia 11/30/2010 13:02
PROFIT BOOK IN HINDALCO astrodunia 11/30/2010 12:40
PROFIT BOOK IN BANK OF INDIA astrodunia 11/30/2010 12:39
PROFIT BOOK IN YES BANK astrodunia 11/30/2010 12:36
PROFIT BOOK IN NIFTY & BANK NIFTY astrodunia 11/30/2010 12:35
BUY: HINDALCO FUT @ 203.40 TGT 206.50-208.80 S/L 201 astrodunia 11/30/2010 12:25
BUY: 50% BANK NIFTY @ 11922 TGT 12050-12100 astrodunia 11/30/2010 12:19
BUY: REL CAP FUT @ 657 TGT 666-671 S/L 642 astrodunia 11/30/2010 12:15
50% PROFIT BOOK IN NIFTY @5820-5825 astrodunia 11/30/2010 12:11
PROFIT BOOK IN BANK NIFTY@ 11875 astrodunia 11/30/2010 12:09
PROFIT BOOK IN LT astrodunia 11/30/2010 11:58
BUY: YES BANK FUT @ 307-308 TGT 310-312-314 S/L 304 astrodunia 11/30/2010 11:52
BUY: 50% BANK NIFTY @ 11800 astrodunia 11/30/2010 11:46
HOLD NIFTY & ALSO ANOTHER BUY @ 5755 S/L 5749 ALERT : MARKET POSITIVE FROM TOMORROW. NIFTY FUT STRONG OVER 5729 astrodunia 11/30/2010 11:44
BUY: NIFTY @ 5790-5800 TGT 5825-5841-5860 S/L 5779 astrodunia 11/30/2010 11:33
PROFIT BOOK IN LIC HOUSING astrodunia 11/30/2010 11:24
PROFIT BOOK IN NIFTY , BANK NIFTY, SBI , ICICI BANK astrodunia 11/30/2010 11:06
HOLD DR. REDDY astrodunia 11/30/2010 11:01
SELL: LT FUT @ 1934 TGT 1915-1900-1880 S/L 1950 astrodunia 11/30/2010 10:59
BUY: ICICI BANK FUT @ 1144 TGT 1160-1175 S/L 1135 astrodunia 11/30/2010 10:35
BUY: SBI FUT @ 2910 TGT 2930-2945-2960 S/L 2882 astrodunia 11/30/2010 10:34
PROFIT BOOK IN SBI BTST astrodunia 11/30/2010 10:30
SELL(POSITIONAL): NIFTY 6000 PUT @ 252 AND NIFTY 5600 CALL @ 265 astrodunia 11/30/2010 10:16
BUY: DR. REDDY FUT @ 1800 TGT 1814-1828-1845 S/L 1783 astrodunia 11/30/2010 9:49
S/L UPDATE 11760 IN BANK NIFTY astrodunia 11/30/2010 9:34
PROFIT BOOK IN CHAMBLE FERT astrodunia 11/30/2010 9:30
BUY: NIFTY FUT @ 5802 TGT 5828-5850-5860 S/L 5780, BANK NIFTY FUT 11830 TGT 11900-11950-12005 S/L 11780 astrodunia 11/30/2010 9:23
BUY: CHAMBLE FERT FUT @ 94.50 TGT 96-98-101 S/L 92 astrodunia 11/30/2010 9:19
BUY: BANK OF INDIA FUT @ 460 TGT 469-478-490 S/L 451,astrodunia 11/30/2010 9:16
BUY: LIC HOUSING FUT @ 972 TGT 990-1025-1050 S/L 950 astrodunia 11/30/2010 9:21
PROFIT BOOK IN NIFTY, BANK NIFTY, RCOM & REL INFRA STBT astrodunia 11/30/2010 9:18
30 NOV:MARKET VOLATILE & UNCERTAIN BUT MARKET SOME POSITIVE TILL 03 DEC.10.NIFTY FUT OVER 5875-5890-5925 BELOW 5820-5800-5780 astrodunia 11/30/2010 8:56

Our Performance on 1st December 2010

Message Date
BUY(BTST): DENA BANK FUT @ 137 TGT 142-145 S/L 132 astrodunia 12/1/2010 15:09
BUY(BTST): LIC HOUSING FUT @ 1048 TGT 1075-1100-1125 S/L 1049 astrodunia 12/1/2010 14:42
BUY(BTST): 50% NIFTY @ 5970 TGT 6020-650,AND 50% BANK NIFTY @ 12360 TGT 12450-12550 astrodunia 12/1/2010 14:28
PROFIT BOOK IN IDFC @ 191.50 astrodunia 12/1/2010 14:14
PROFIT BOOK IN IDBI HOLDING astrodunia 12/1/2010 14:09
PROFIT BOOK IN SBI @ 3120-3130 AND PROFIT BOOK IN TATA STEEL HOLDING. astrodunia 12/1/2010 13:56
PROFIT BOOK IN NIFTY @5967-5975, BANK NIFTY @ 12330-12345 astrodunia 12/1/2010 13:47
ALERT: ASTRO VIEW: MARKET ALSO POSITIVE  TOMORROW. NIFTY FUT TGT 5980-6000-6025.. astrodunia 12/1/2010 12:32
HOLD HERO HONDA astrodunia 12/1/2010 12:30
PROFIT BOOK IN RIL astrodunia 12/1/2010 12:12
BUY: SBI FUT @ 3100 TGT 3140-3175-3200 S/L 3075 astrodunia 12/1/2010 11:51
BUY: REC FUT @ 360 TGT 365-370-375-380 S/L 350 astrodunia 12/1/2010 11:03
BUY: TITAN FUT @ 3805-3815 TGT 3880-3900-3920 S/L 3775 astrodunia 12/1/2010 10:49
BUY: 50% NIFTY FUT @ 5930 TGT 5950-5970-5980 & 50% BANK NIFTY @ 12200 TGT 12280- 12350 astrodunia 12/1/2010 10:42
BUY: IDFC FUT @ 190.50 TGT 194-199-205 S/L 186 astrodunia 12/1/2010 9:57
BUY: KOTAK BANK FUT @ 485 TGT 490-494-498 S/L 478 astrodunia 12/1/2010 9:55
BUY: RIL FUT @ 991 TGT 1005-1010 S/L 985 astrodunia 12/1/2010 9:55
EXIT FROM DABUR HOLDING astrodunia 12/1/2010 9:47
BUY: HERO HOND FUT @ 1975 TGT 2000-2025-2045 S/L 1955 astrodunia 12/1/2010 9:37
PROFIT BOOK IN REL CAP @ 664-666 BTST astrodunia 12/1/2010 9:35
PROFIT BOOK IN NIFTY @ 5915-5920 astrodunia 12/1/2010 9:32
PROFIT BOOK IN ZEE @ 147.50 BTST astrodunia 12/1/2010 9:31
PROFIT BOOK IN SBI @ 3015 & BANK NIFTY @ 12075 BTST astrodunia 12/1/2010 9:24
PROFIT BOOK IN YES BANK @ 320 astrodunia 12/1/2010 9:22
PROFIT BOOK IN ICICI @ 1156-1158 BTST astrodunia 12/1/2010 9:21
PROFIT BOOK IN HINDACO @ 212-213 BTST astrodunia 12/1/2010 9:19
BUY: TVS MOTOR FUT S/L 81 TGT 85-87, YES BANK S/L 310 TGT 320-324 astrodunia 12/1/2010 9:12
01 DEC:: MARKET HIGHLY VOLATILE AND SOME PROFIT BOOKING ALSO. NIFTY FUT OVER 5850 TGT 5890-5925-5940WEAK BELOW 5800 TGT 5750 astrodunia 12/1/2010 9:10

TODAY STOCK MARKET & BULLION

1 DEC: TODAY MARKET HIGHLY VOLATILE BUT POSITIVE TILL 03 DEC. WITH VOLATILITY. NIFTY FUT OVER 5780 TGT 5900-5933-5980..

BUY: ZEE FUT  S/L 141 TGT 149-151.., YES BANK FUT S/L 303 TGT 311-315-320, TVS MOTOR FUT S/L 79.50 TGT 85-88, TATA MOTOR, BGR ENERGY, RENUKA SUGAR..

SELL: SESA GOA S/L 312 TGT 297-292…

BULLION: GOLD SILVER POSITIVE WITH VOLATILTY TILL 04 DEC……

GLOBAL NEWS

Kim Jong Il Sends Top Aide to Beijing as Diplomacy Founders

 North Korea dispatched one of Kim Jong Il’s top aides to Beijing the same day as leaked U.S. diplomatic dispatches showed China is increasingly willing to consider a unification of Korea under the South’s control.

Choe Thae Bok, chairman of North Korea’s Supreme People’s Assembly, left for Beijing today for talks with Chinese leaders, state-run Korea Central News Agency reported. Choe met China’s President Hu Jintao in the Chinese capital on Oct. 2 and accompanied Kim on a trip to the city in May, according to KCNA.

Choe’s visit comes after China proposed on Nov. 28 that negotiators from the two Koreas, Japan, Russia and the U.S. meet in Beijing early next month to defuse tensions following a Nov. 23 North Korean artillery attack on a South Korean island that killed four people. A U.S. Navy aircraft carrier is now conducting exercises in the Yellow Sea off the Korean coast.

Japan rejected the Chinese proposal yesterday. Talks can’t be held only because North Korea has “run amok,” Japanese Foreign Minister Seiji Maehara told the Wall Street Journal in an interview. Nicholas Snyder, a spokesman at the U.S. Embassy in Beijing, said “clear steps by North Korea are needed to demonstrate a change of behavior.” South Korea’s Ministry of Foreign Affairs and Trade said it would consider China’s call for talks “very cautiously.”

China is North Korea’s biggest trading partner and a source of much of the country’s food, fuel, and foreign currency. The two countries have been allies for 60 years since fighting together against U.S.-led forces during the 1950-53 Korean War. The two countries share a 1,415-kilometer (880 mile) border.

Unreliable

A leaked Feb. 22 diplomatic cable provided to the Guardian by WikiLeaks.org said that South Korea’s then-vice foreign minister, Chun Yung Woo, told U.S. Ambassador Kathleen Stephens that young Chinese Communist party leaders don’t think North Korea is a reliable ally. Chun also said two unidentified Chinese officials told him they believed Korea should be unified under the South.

U.S. Secretary of State Hillary Clinton yesterday said the Obama administration “strongly condemns” the unauthorized release of more than 250,000 diplomatic documents that WikiLeaks began posting two days ago. State Department spokeswoman Nicole Thompson said she “can’t provide veracity of anything WikiLeaks has released to the media,” adding the agency’s policy is to refrain from commenting on specific leaked materials.

China hopes the U.S. will “properly handle” the situation caused by the leaked messages, Foreign Ministry spokesman Hong Lei told reporters in Beijing today.

South Korea’s foreign ministry spokesman Kim Young Sun said it would be “inappropriate to comment on other countries’ diplomatic documents.

‘Regrettable’

‘‘If it is true that details of diplomatic discussions have been leaked, it is regrettable,’’ Kim said.

The U.S. is pressing China to censure North Korea for the shelling of Yeonpyeong island. China has avoided blaming its ally of 60 years, instead criticizing joint naval exercises by South Korea and the U.S. in the Yellow Sea that began Nov. 28.

Chun, now South Korea’s national security adviser, told Stephens that China ‘‘has much less influence than most people believe’’ over Kim Jong Il’s regime, according to the Feb. 22 cable cited in the Guardian, a U.K. newspaper.

Chinese officials told U.S. diplomats that their efforts to cajole North Korea had been rebuffed, and that the U.S. was the only country with real influence, according to a leaked June 17, 2009, cable. “The United States was the key while China was only in a position to apply a little oil to the lock,” the cable cited an unidentified Chinese official as saying.

‘Spoiled Child’

A separate message from Beijing said China’s vice-foreign minister He Yafei in April 2009 told an American diplomat that North Korea’s missile tests were designed to get the attention of the U.S. and that the government in Pyongyang was acting ‘‘like a spoiled child.” Two months later, U.S. Ambassador to Kazakhstan Richard Hoagland sent a cable saying his Chinese counterpart, Cheng Guoping, told him North Korea was a “threat to the whole world’s security,” the Guardian said.

The cables all predate a surge in diplomatic activity between China and North Korea this year.

Kim made an unprecedented two visits to China this year, meeting with President Hu Jintao on both occasions. In October, Zhou Yongkang, a member of China’s ruling Politburo Standing Committee, stood next to Kim during a Pyongyang military parade. Later that month, top Chinese general Guo Boxiong visited North Korea, marking the two countries’ “victory” over “imperialist” U.S.-led forces during the 1950-53 Korean war.

China also refrained from criticizing or blaming North Korea over the March sinking of a South Korean warship. An international panel found evidence that a North Korean torpedo was responsible for the sinking, which killed 46 sailors.

WikiLeaks.org, a nonprofit group that releases information that governments and businesses want to keep confidential, has over the past two days posted on its website what it says are secret, confidential or in some cases unclassified U.S. embassy cables.

GLOBAL NEWS

Italian, Spanish Government Bonds Plunge, Sending Spreads Wider
The drop pushed yield spread between 10-year Italian securities and similar-maturity German debt to more than 200 basis points for the first time since 1997. Spanish bonds fell yesterday by the most since the start of the euro era as a bailout for Ireland failed to assuage speculation that the debt crisis will spread. The cost of insuring the debt of Italy, Spain, Portugal and Ireland surged to records and the euro fell.

“Contagion risk is still high on the agenda,” said Marius Daheim, a senior fixed-income strategist at Bayerische Landesbank in Munich. “Nobody wants to expose themselves to any peripheral risks.”

The Italian 10-year bond yield rose 14 basis points to 4.79 percent as of 8:53 a.m. in London. The 3.75 percent security due in March 2021 fell 1.05, or 10.50 euros per 1,000-euro ($1,306) face amount, to 92.10. The spread with 10-year German bonds increased to as much as 209 basis points, a euro-era record.

The euro fell 0.5 percent to $1.3057 and dropped 0.8 percent to 109.74 yen.

The debt crisis that started a year ago in Greece deepened this month amid concern bondholders would be forced to share the cost of future bailouts. The average yield for 10-year debt from Greece, Ireland, Portugal, Spain and Italy reached a euro-era record as speculation intensified that other nations will require external support after Irish Prime Minister Brian Cowen conceded on Nov. 21 that the country needed a rescue.

Bunds Rise

The yield on 10-year Spanish bonds increased 22 basis points today to 5.68 percent, after a 25 basis-point jump yesterday. That pushed up the yield spread to German debt to 293 basis points.

German 10-year bonds rose, with the yield five basis points lower at 2.70 percent. The Irish 10-year yield was little changed at 9.47 percent.

The cost of insuring the debt of Italy rose 7 basis points to 253, Spain increased 9 basis points to 361, Portugal was 11.5 higher at 551 and Ireland was up 10 at 614, according to CMA prices for credit-default swaps.

Swaps on Greece were up 10 basis points at 979.

TODAY STOCK MARKET

30 NOV: MARKET HIGHLY VOLATILE AND SOME PROFIT BOOKING MAY COME ON HIGHER LEVEL BUT MARKET POSITIVE WITH VOLATILITY TILL  03 DEC.10. NIFTY FUT STRONG OVER 5875 TGT 5890-5925-5940  WEAK BELOW 5820 TGT 5800-5780…

BUY: ACC (998) TGT 1014-1030..S/L 990, CAIRN (311.85) TGT318-326 S/L 305, ICICI BANK (1152.20) TGT 1165-1179-1195 S/L 1135, RIL(998.80) TGT 1013-1027-1053 S/L 973, SAIL, MARUTI, BGR ENERGY, BOI..

SELL: ONLY FOR MEMBERS????

Trader duo held, huge network uncovered

Indore: In a raid, the Income-Tax department recovered cash and gold worth R four crore on Friday. Officials raided the offices and homes of bullion traders Honey-Toney where they confiscated R one crore cash and gold and jewels worth another R three crore.

Keshav Nachani (Honey) and Om Prakash Dhanwani allegedly made transcations from 100 false accounts and acquired crores in the form of black money.

The duo bought and sold gold across the country illegally. They came under the Income Tax department scanner when it was noticed that their accounts had no pan number, which is against the law.

Raids in more offices and locations from where they operated are expected on Saturday.

The duo allegedly operated from various parts of the country and their network is spread offshore as well. They are also accused of making money illegally through construction of malls.

2G Scam: Notice to 85 telecom companies

New Delhi: Union Communications & IT Minister Kapil Sibal said Monday that the government would send notices to telecom companies that have flouted norms during the allocation of 2G spectrum. the notice will be send next week the minister said.

“It is time we issued notices to those who have suppressed facts and enjoyed undue privileges,” the minister told reporters in a press conference here.

The case of each of the 119 companies which were indicted in the CAG report will studied in detail before sending the notice.The companies will be given 60 days to respond to the notices.

Reiterating the CAG report on the 2G spectrum, the minister said that the companies violated norms in respect of transparency and equity as well as on the companies’ slcking in commitment to the roll-out of the licence. Of the 119 companies 81 fall under both categories of ineligibility to get licences and 38 for not meeting roll-out obligations

The eligibility requirement must have been undermined by companies because no such system was in place when they applied for the allocation, he said. Many of the companies when they applied would have done a self-certification, but would have failed to confirm to the Memorandum of Association(MoA). Any change to MoA can be made under Section 18 and 19 of the Companies Act.

“This helped some companies to get ahead,” the minister said. This would have turned the first-cum-first-serve basis to the advantage of a few companies.

Notice will be sent on the basis of inadequate paid-up equity of the company which are not in accordance with the terms of the Letter of Intent. The paid-up equity for each company depends on the category under which it has applied licence for the 2G spectrum.

A liquidated-damage clause will be imposed on the companies who failed to roll-out the spectrum within 52 weeks.

“There are about 119 of such instances, going back as far as to 2006, much before the actual allocation actually happened in 2008.

“Time has come for a transparent system which is very essential for a stable telecom sector,” he added.
Courtesy : Zee News

Tahalka in the World (Wikileaks)

Iran obtained 19 advanced missiles from North Korea, potentially giving the Islamic nation the capability of attacking Moscow and cities in Western Europe, according to embassy cables posted by WikiLeaks.org and provided to the New York Times.

U.S. officials denounced the release, coming on the eve of Secretary of State Hillary Clinton’s departure for a security conference in the Persian Gulf, as jeopardizing U.S. ties with foreign governments and endangering individuals. WikiLeaks began posting the cables yesterday.

The 19 North Korean BM-25 missiles, based on a Russian design known as the R-27, might give Iran the “building blocks” for producing long-range missiles, according to a Feb. 24 cable posted on WikiLeaks. The cable didn’t provide specific evidence, according to the Times, which agreed not to publish the document at the Obama administration’s request.

“North Korea and Iran have had a decades-long missile relationship and also most likely a nuclear relationship,” said Bruce Klingner, an analyst at the Heritage Foundation in Washington and former chief of the Central Intelligence Agency’s Korea branch. “The leaking of the classified documents provides a greater sense of confidence” for analysis conducted previously by outside experts and most recently illustrated in photos from a North Korean parade, he said.

Pressured the U.S.

Diplomatic cables posted by the Guardian, which also received advance copies from WikiLeaks, indicate as far back as early 2008 Saudi Arabia and other Arab governments pressed the U.S. for attacks on Iran to stop it getting a nuclear bomb, even as some expressed concern that a military strike might destabilize the region.

The Obama administration has won stiffer United Nations Security Council sanctions against Iran and sealed arms agreements such as a $60 billion deal with Saudi Arabia over the next 10 years.

The State Department declined to confirm information in what WikiLeaks says is more than 250,000 documents, covering a period from December 1966 through February 2010.

“I can’t provide veracity of anything WikiLeaks has released to the media,” Nicole Thompson, a State Department spokeswoman, said in an interview, adding the agency’s policy is to refrain from commenting on specific leaked materials.

About 9,000 documents were listed as containing information too sensitive to be shared with a foreign government, the New York Times said. None was listed as “top-secret,” according to the Times.

Similar Tone

Along with the Guardian of the U.K., France’s Le Monde, Spain’s El Pais and Der Spiegel of Germany obtained the WikiLeaks documents.

On the threat from Iran, a cable posted by the Guardian quoted Adel al-Jubeir, the Saudi ambassador to the U.S., as citing Saudi King Abdullah’s “frequent exhortations to attack Iran and put an end” to the Iranian nuclear weapons program. The exchange took place in an April 20, 2008 meeting between al- Jubeir, then-U.S. Iraq Ambassador Ryan Crocker and U.S. Central Command commander General David Petraeus, the Guardian said.

A similar tone was struck by King Hamad bin Isa Al Khalifa of Bahrain in a Nov. 4, 2009 conversation with Petraeus.

King Hamad “pointed to Iran as the source of much trouble” in the region and “he argued forcefully to take action to terminate their nuclear program by whatever means necessary,” according to a classified cable.

Hamad said “the danger of letting it go on is greater than the danger of stopping it,” according to the cable cited by the Guardian.

Increased Monitoring

Bahrain is home to the U.S. 5th Fleet headquarters. The cable also disclosed that the king agreed to a NATO request to base Awacs air surveillance aircraft in his nation as part of increased monitoring of Iran.

Israeli military officials 14 days later in a Nov. 18, 2009, meeting with U.S. State and Defense Department officials, including Assistant Secretary of State Andrew Shapiro, said 2010 would be a “critical year” for Iran’s nuclear program and Israel’s capability to attack, according to a cable posted by the Guardian.

“If the Iranians continue to protect and harden their nuclear sites, it will be more difficult to target and damage them,” the cable said, summarizing Israel’s concerns.

The cable said both sides discussed the need to avoid publicity for an “upcoming delivery” of GBU-28 bunker-buster bombs to Israel “to avoid any allegations that the U.S. is helping prepare for a strike against Iran.”

Iranian Response

Iran’s ties with Arab nations won’t be hurt by publication of the U.S. cables, Iranian President Mahmoud Ahmadinejad said today in a speech aired live on state television from Tehran.

“Our relations with Arab countries and our neighbors are very good, we are like brothers,” Ahmadinejad said. “They will not be affected by these reports.”

Israeli Prime Minister Benjamin Netanyahu expressed satisfaction that the WikiLeaks disclosures indicated that Arab leaders were as worried about Iran’s nuclear program as his own government.

“More and more countries, governments and leaders in the Middle East and the wider world understand that this is the fundamental threat,” Netanyahu told a news conference in Tel Aviv. “I hope the leaders will have the courage to say to their nations publicly what they’ve said about Iran.”

Carrying Cash

The leaked documents include details about governments and officials, including an episode last year in which Afghanistan’s then-vice president, Ahmed Zia Massoud, was found carrying $52 million in cash while visiting the United Arab Emirates. Massoud denied taking any money out of Afghanistan, according to the Times.

According to another cable, a Chinese contact told the U.S. embassy in Beijing in January that China’s Politburo directed an “intrusion” into Google Inc.’s local computer networks. The Google hacking was “part of a coordinated campaign of computer sabotage carried out by government operatives, private security experts and Internet outlaws recruited by the Chinese government,” the New York Times said in its account of the WikiLeaks cables.

Critical Articles

The cyber attacks in China were orchestrated by a senior politburo member who found articles critical of him using Google’s search engine, the Guardian reported. The Chinese Foreign Ministry and Jessica Powell, a Tokyo-based spokeswoman at Google, weren’t immediately available today to comment on the report.

In July 2009, Crown Prince Mohammed bin Zayed Al Nahyan of Abu Dhabi, then the defense supreme commander for the United Arab Emirates, declared that Ahmadinejad “is Hitler,” the New York Times reported, citing the documents.

The Obama administration said in a statement yesterday that embassy reporting to Washington “is candid and often incomplete information,” not an expression of policy.

“Nevertheless, these cables could compromise private discussions with foreign governments and opposition leaders,” according to the statement from the White House Press Secretary, Robert Gibbs.

Republicans Condemn

Republicans also condemned the release of the cables, with Senator Lindsey Graham of South Carolina stating on “Fox News Sunday” that “the people at WikiLeaks could have blood on their hands.”

WikiLeaks, a nonprofit group that posts information the government wants to keep confidential, previously released 400,000 documents in October related to the Iraq war and about 75,000 in July on the Afghan conflict.

An Army intelligence analyst named Bradley Manning was arrested in June at age 22 and charged with illegally releasing classified information. He had said in an online chat in May that the documents he downloaded included “260,000 State Department cables from embassies and consulates all over the world,” the New York Times reported.

The Pentagon said yesterday it will take action to prevent future reoccurrences, such as monitoring user behavior in a way similar to steps taken by credit-card companies to detect fraud. The military will also conduct security oversight inspections at forward bases and remove the ability of classified computers to download information onto removable disks.
Courtesy: Bloomberg

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