EVERYBODY FROM INVESTMENT GURU TO CHAIWALA ON TRADING S
From : Ashok Sharma at 08:45 PM - Jul 29, 2010(19 months ago)
Total Views: 275
EVERYBODY FROM INVESTMENT GURU TO CHAIWALA ON TRADING STREETS IS WAITING FOR CORRECTION, WILL IT COME? :
YOU will agree with me that during last few days almost everyone except some stock market learners like me are of the opinion that market should correct from here. May I ask them why? As they are waiting for the markets to come down to invest. Is it so simple? Markets are market, have their own logic and move. Stock markets need few things to trade in profit zone. Most important is stable political scenario and willing government. Now political situation worldwide are relatively stable. World-over Governments are more than willing to fix problems like DUBAI & GREECE. Economic data worldwide are showing sign of improvement. Dollar index is also showing signs of fatigue around 82-84, now overdue for correction. Commodity prices and crude are gaining strength showing pick-up in economic activity. Most feared “Monetary -tightening” is now a thing of past. Stimulus packages are here to stay for the time being. Do not believe technical levels like 5380, 5480 or 5500. These levels are created by software created by those who never invested a single paisa in stock market. Take my words 2010 will be the year of BULLS. To trade safe as we are saying during the last month forget the direction of the market focus on the midcap space. In my opinion no human or computer in this world can predict the market. My dear investors this is not important also what is important to pick a stock at right price at right time and the most important exit at the right place. As our research team is to be believed there are plenty of midcaps ripe to flare up. We use this volatility to pick our targeted midcap at our desired price. THE MOST IMPORTANT THING WHY MARKET ARE NOT SHOWING ANY MEANINGFUL CORRECTION IS THAT THERE IS HUGE INVESTIBLE FUND AVAILABLE WORLDWIDE.THE FIGURE IS GUESS? MIND-BOGGLING. BELIEVE ME MY DEAR INVESTORS……………….
In Reply to above Message (1 to 2 out of 2) -- Latest Replies are put on Top
From : Kaushik Das at 09:30 PM - Jul 29, 2010(19 months ago)
In near term no major correction is expected as TED is below 0.5, Volatility index near 25 also shows good for market as well as dollar index slightly high (no major concern) ..... Main question is do you all believe market will sustain for long time this way ?? Govt. stimulus package nothing but cheap printed money .... this liquidity in present market is artificially created .... in midium term market will plunge .... cause we already are into 2nd phase of recession .... yes we are into 2ND PHASE OF RECESSION .... market has to go down ...may be after 2 months ...may be after 6 months or one year .... but believe me market will tank more than which it had in 2008-09, instead of being extra bull on market better to become cautious bull
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