power house for nifty technicals and stock market fundamentals with charts and technicals.
Wednesday, October 8, 2008
DOWN BUT NOT OUT TODAY
Horrendous start to the day..gap down and falling all supports broke..finally reached a support where buying emerged & what a run , despite repeated selling again & again the markets kept trying to recover losses..ending in a HAMMER CANDLE IN DAILY CHARTS.( long tail at bottom, shorts covered)...hope my call before the 11.30 am close helped and all those friends who visited the blog could buy calls and stocks....lets breathe a bit easiar with todays closing and reflect over the holiday as to what next..as the sunoutage days has really drained every bit of energy from all.. relax & enjoy the festivities my friends..cheers...
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