Wednesday, October 15, 2008

DOWN & OUT

The 2 days gains just tripped out in a slow grind down in the last 2 days...very typical of bear markets where markets RISE FEROCIOUSLY, and fall VERY SLOWLY.. We are near supports now and if global cues are flat to slight negative , we may expect a recovery here too in a day or so. Lets look into some technicals tonite and will post them tomorrow morning..Hope all who took profits home would be ready to plow their capital again in the market..cheers..

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