The multi day, er decade, bboolll market which is expected to continue for days and days, er decades and decades has reached
critical mass.
Right now, the Sgx is up, probably there is a new BN high today before it drops. On Friday, I sold BN at
22370 in the last 10 minutes and hedged.
I'm in a different office, in a new job since March, so keeping stops and watching where the market goes is out of the question......
May 2nd is a minor top for all markets.
How far is it going to fall ?
My Nifty chart correlation to the Nifty was
>85% before the election........ after the election it is
0%, so I'm not going to comment.
My S&P chart correlation to the S&P is about 50% currently, and my Ftse chart correlation to the Ftse is 85% so for the time being, thats what I'm going with.
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