Wednesday, October 8, 2008

COMPLETE BREAK DOWN

Markets just melted away..the carnage continues..best is to sit back and let it unfold its frenzy. we are near supports so shorts can be covered and wait for longs to be initiated..some out of money calls say 3900-4000 type can be initiated later today ,stocks are at good valuations and some long positions can be initiated here for short to mid term for the pull backs (use own funds only which you can hold)....keep away from futures etc...cheers..

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