Oct 15, 2007

BE ALERT.... WE REMEMBER 1992


when market is down every one is worried now at this high its worry for every one well for me i allways remember sir issac newton who gave 3 lows hope everyone knows here our index is going with full force but when it will correct it may not give chance to exit also just see the chart above it looks like some more room for upside but since waves geing shorter i'm bit worried if we remain in small range say above 5400 for some time then its fine nothing to worry..... lets see where reliance group is taking us now........
friends american index is not sustaing 14k mark and we are expecting one more rate cut from mr barnake .....well we are not that fool that we cant make out why down not sustaing 14k mark american economy is not that worst....well for me this looks nice game plan as they wann enter our market at lower level dow is speculatively bought down sharply from 14k cos we only need spark to ignite the bears by the time we will come down rate cut will come so dollar will fall further from its curent rate and they will eneter our market at lower level my target for index 20k is still intact do not penic if u see 15k index

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