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| From : Karan Kapoor at 12:36 AM - May 07, 2010 ( ) |
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ther is no support for bearish market and no resistance
Dow 10,398.19 -469.93 -4.32% Nasdaq 2,291.75 -110.54 -4.60% S&P 500 1,113.07 -52.80 -4.53% 10 Yr Bond(%) 3.3190% -2.3100 Oil 76.15 -3.82 -4.78% Gold 1,197.20 +22.60 +1.92%
200 DMA right now is at 10184, if it close above it, sleep well and tight, this correction then will be over.
wahi toh tension ho gai sir......10500 k aspas agar band hua toh dma tod deyga n major support toh tod hi diya hey......ab nifty kal gapdown khuleygi @ 4990
10700, will not happen today, but it should happen the next week.
abhi kaha......abhi jab tak 10700 k above closing nahi deta tab tak neend nahi aeygi
lol, now i hope you will sleep well, after the recovery.
dow k kitne diwanay hey loog......abhi -10 percent hua toh meri sari neend ud gai.
The Dow plunged Thursday amid buzz in the market that European banks have halted lending. One trader, on the condition of anonymity, said he heard fixed income desks in Europe shut down early because there was no liquidity — basically European banks are halting lending right now. The Dow was down more than 900 points at one point, or more than 8 percent, before pulling back to the 600-700 point range. "This is similar to what took place pre-Lehman Brothers," the trader said.
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