Thursday, April 16, 2009

PROFIT TAKING

Markets just about did nothing at open , and profit taking set in, open to close was a huge way down...is it a reversal day..lets see how it unfolds in the next few days week..all sectors got steam rolled today...Had advised in morning also that stay away , take a break....what more to say..Shorts rocked today...markets just easing the overbought positions..wont finish in a hurry..maybe its just started...My advise still is dont get sucked into this rally now..keep strict SL for longs.enjoy the day..cheers..

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