Sunday, May 3, 2009

Forcast & Quick BItes

Do you know,What we are doing now is building a base for the next big bull market. Have you noticed that the pricing is moving up and down in a relatively large channel and that channel has an upward slope.

If you look at the difference from the absolute bottom in October, we are up about 20%. And in some cases we are up more than 50-60% in some of the markets around the world. So you might say if you define a bull market as being over 20% increase we are already in a bull market in some places but for the true long-term bull market, we will have to wait a little longer but the base is being built right now.

The current situation is part of this base building process that I mentioned. I think the worst getting over.

And if you will ask perticulerly about comming week then I will say,

"Many global markets will come back to trade in full form and  trend only on Monday But The Indian markets do look strong and how they open and trade Monday onward remains to be seen".

lets think for better and safe........

have a happy treading.enjoy fully but just be lil careful.