Wednesday, November 5, 2008

HISTORY MADE TODAY

US today fullfilled the dream of one of the greatest AFRO AMERICANS , Dr Martin Luther King, whose famous words still ring a bell , I HAVE A DREAM........BY electing Mr Barak Obama, The next President of America...TRUE SPIRIT OF FREE ENTERPRISE AND DREAM FOR ALL....Hope this augurs a new dawn for the world order...
Coming back to our markets , they saluted the US results and as expected and written in the morning, slumped completely to selling pressure as the markets went really overbought today..touching my levels of 3085 and then almost 2950..will see how trade fares in the next coming days ..This will be litmus test for the market to trade ,test, consolidate and find a new bottom which will tell all where we are headed in the next few weeks and months ..dont be in a hurry to buy..Take care ..cheers..

No comments: