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………………. MONEY IS SUPREME.
SO let the world wait for correction .YOU concentrate your wisdom, time, energy and of course money to make money.
GOOD NIGHT ENJOY TRADING
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