US market down

Dow 12,075.40 243.22 (1.97%)
Nasdaq 2,350.57 51.72 (2.15%)

How will be our market today?

Down of corse

But WHY?

Why US stock market effect our sensex?

Is there any news about when market is going to stabilize??

Today is final day for UP or huge down correction.
Currenct fact as on today time 8:30 is ..US market touch previous bottom and rebound. Yen carry trade currency holding in positive .
It apears as US stock will rebound today.. there is no strong reason for Huge correction downword.

Happy trading
Ramdas

Dont think so dude!
Its already down by 112 points(NYSE) and 130 points (DOW) at 10.30pm.

http://money.cnn.com/2007/03/14/markets/markets_1200/index.htm?postversion=2007031412

Time to short, eh?

Dear anicraj,

Yes NYSE crack down. pl note my post time. NYSE was holding. And crack after 9:00.
Pl note...Yen carry trade paires are not falling ..infact shooting UPside. as i am typing...This suggest fresh money entering at bottom..and i will not wonder if Today US market will show bounce.
Yen carry trade paires will force US market and all other market to rebound to UP side

I am Forex trader..and recently looking at stock market also..Currently Stock market and Yen carry trade pares U/J, G/J, E/j are co-related to stock market.
if carry trades start unwinding/ falling..stock market start falling since Borrowed money (Yen due to lower interest) which is invested in stock and other assets is lequdated...and if carry trades goes up..money again flow in stock and other assets.
Currently at this movement jpy paires are shooting UP side.
suggest ..US stock market start short recovery..or will be forced for short recovery and taht wil followed by other markets

Happy trading
Ramdas

excellent info ramdas

thanks for sharing

US stock market has bounce back after dip, and forming bullish candle.
today's close is important. if close in positive then , that will trigger short recovery.
and move will be non-stopabel.. and then suddenly all anylyst will apear on TV and start talking of Result season ahead, and they will forget what they said yesterday..

Hi Ramdas,

Nice write-up, infact the Dow recovered from day's low of 11939/- to days high of 12132/- a rise of 190/- points (around 3.20EST). Looking at Dow recovery there may be a positive close at the end of the day.