Monday, September 29, 2008

BLOOD BATH

Bulls got butchered all over, anything and everything capitulated, and no place to hide.. break in morning of fridays low started it all and the drift looked like not stopping at all..Nifty still held 3774 , 3rd time, MAKING TRIPLE BOTTOM in the last 3 months..Will it hold ,who knows..shorts were covered in the last 1hrs trade, lets see where this takes the market. Can we buy here well some one did ,to make the markets move up sharply.. Every one is looking at cues from US to see what where we headed..September will be ending at a very weak/capitulated point..lets see how october unfolds..take care ..cheers.

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