THANK GOD FOR MERCY

Well well it seems , someone read my morning musings and despite bearish calls /enviro, supports of 2528 NS held, and slowly but surely the markets moved up closing again over 2600..at the top of the day. 2660 now is a resistance zone and any bullish move will have to close over this level..lets see over the weekend where we may be heading to....

There has been a raging debate amongst the astrological circles last few week/days of significant plannetary signatures taking place starting tonite & next few days , which have a BEARISH IMPLICATIONS  for coming days etc..WILL IT HAPPEN.. ..only the experts know, all i know is we were/ are oversold ..and unwinding of shorts have to take place..enjoy the day..

FEAR IS THE KEY

Markets specially in US are being completely governed by Fear right now , with no positive cues in sight.Lets take a REALITY CHECK of our markets..In general leaving aside a few select Index shares most shares are below the oct'08 lows..almost between 5-15% maybe of january2008 highs..so whether index is at 2650- 2550 or at 2250 how does it matter to the investor..Wise people recommend BUY when there is FEAR ALL AROUND ..can we go down to any levels which market pundits are discussing everyday and all the day..surely we can..they are just NUMBERS in this game now ..I feel time has come when People who are serious stock market investors, to start looking at those shares which they always wanted to buy and are now battered/butchered beyond shape..( put your foot in as no one knows the bottom..)maybe keep away from those index propping shares which will face the music on the day of the panic......My submission is if you have survived your buys of 6000-4000 levels and are still around the markets ..buy around these levels wont kill.. get out of this index levels mind game..look beyond that..THINK ABOUT IT??????..time is coming to take the call with the mind rather than the heart....enjoy the weekend & the coming holidays next week..cheers.
ps: your views on this will be welcome.