Friday, June 5, 2009

RALLY TODAY 3 MONTHS..LOW TO HIGH

Markets have completed 3 months today from LOW TO HIGH & looked to be having VERTIGO , slipping hard fast from every rise/high.. Distribution was very evident today with profit taking in small /mid caps and INDEX being held in ROTATION with SELECT stocks..So what next..Well we need influx of good funds for any move up as STOCKS now are not as cheap as they were in early March..Also MONEY MAKING from hereon become difficult with volatality setting in with nervousness..My advise to small retail investors /traders is to take a break for a few days and let the market play out..will check charts and try to post something over the weekend for trade ahead..keep visiting ..cheers..

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