SELLING GALORE

This was one of those days when the selling was in real slow motion and at the end of it just wondered , why i could not see it..Unwinding at such oversold levels does not augur well in short term..Can it slide down more , why not it can easily if there is more unwinding , but initiating shorts here wont be advisable..markets have to cross 2650 soon to give some support ..The weekend ahead and 2 holidays next week may keep many ppl away ..lets wait and watch what unfolds before stepping in..enjoy the rest of this day..cheers..