Stocks to Watch for Wednesday, July 16, 2008: LGDI — Legend International Holdings and IFFCO — India’s Largest Fertilizer Enterprise Reach Landmark Agreement!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA–(EMWNews – July 16, 2008) – Market Pulse is pleased to introduce our

featured stock, Legend International Holdings, Inc. (OTCBB: LGDI), to the

investment community! Legend International Holdings is new to Market Pulse

and is poised to become a significant player in the fertilizer and

inorganic chemical industry! Legend International just had excellent news

out in a press release before today’s opening bell announcing Legend

and IFFCO India’s largest fertilizer enterprise reach landmark agreement!

The company also said it is very excited by the opportunity to work with

IFFCO a cooperative representing 50 million farmers and the largest

fertilizer company in the burgeoning Indian market! This could be great

news for investors! Other notable stocks that should be closely watched due

to existing fundamental and technical factors affecting each company

include:

Microsoft Corp. (NASDAQ: MSFT) : Market Outperform

Coldwater Creek Inc. (NASDAQ: CWTR) : Attractive

Activision Blizzard Inc. (NASDAQ: ATVID) : Market Outperform

Stock Pick Meanings

These stock picks are the investment opinions of MP’s editor and reflect

MP’s belief regarding the potential price movement over the next one to

four weeks of trading of each of the stocks presented. This analysis is

done from a technical and fundamental perspective.

After Tuesday’s Bell Market Commentary

On Tuesday, the markets closed mostly lower in spite of a sharp drop in oil

prices. The Dow tumbled over Federal Reserve Chairman Ben Bernanke’s

comments that the economy faces numerous difficulties. A barrel of light,

sweet crude dropped $6.44 to settle at $138.74. Treasury prices rose.

Shares of Fannie and Freddie tumbled again. The Labor Department said core

inflation at the wholesale level, which excludes energy and food, ticked up

by just 0.2 percent. The Commerce Department reported that retail sales

edged up by 0.1 percent in June, a weaker amount than expected. The Dow

Jones had their first close below 11,000 since July 2006. The Dow fell

92.65, or 0.84 percent, to 10,962.54. The Nasdaq composite index rose 2.84,

or 0.13 percent, to 2,215.71. The Standard & Poor’s 500 index fell 13.39,

or 1.09 percent, to 1,214.91. The Russell 2000 index fell 2.15, or 0.32

percent, to 662.35.

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thousand dollars from Legend International Holdings, Inc. MP’s officers and

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