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1500 up on Wednesday?

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  #1  
Old 19th March 2008, 01:37 AM
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Default 1500 up on Wednesday?

The Dow has shot up after the interest rate cut by the Fed. Looks like we are in for a "buy anything" day. Have fun

^DJI 30 Industrials 12,392.66 1:34AM IST +419.41 (3.51%) ^DJT 20 Transportation 4,706.11 1:33AM IST +237.23 (5.31%)
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Old 19th March 2008, 01:53 AM
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Default Re: 1500 up on Wednesday?

Don't expect things blindly. Eventhough Dow is up by 419 points it all depends on whether or not FII's want to put money back in Indian markets. According to what i hear they are waiting for things to stabilise in US before pumping money into India. And for things to stabilise in US it will take a quarter or more. So lets have patience
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Old 19th March 2008, 02:00 AM
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Default Re: 1500 up on Wednesday?

Quote:
Originally Posted by pasha View Post
The Dow has shot up after the interest rate cut by the Fed. Looks like we are in for a "buy anything" day. Have fun

^DJI 30 Industrials 12,392.66 1:34AM IST +419.41 (3.51%) ^DJT 20 Transportation 4,706.11 1:33AM IST +237.23 (5.31%)
with Trading holidays on thursday and friday , I dont see too much upside tomorrow . Even if its there , Personally , i dont prefer to carry longs for Monday .

Naresh
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Old 19th March 2008, 09:53 AM
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Default Re: 1500 up on Wednesday?

1500 is too much optimistic, in current market scenario a close of 500+ will be some feat.
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Old 19th March 2008, 04:01 PM
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Default Re: 1500 up on Wednesday?

Quote:
Originally Posted by pasha View Post
The Dow has shot up after the interest rate cut by the Fed. Looks like we are in for a "buy anything" day. Have fun

^DJI 30 Industrials 12,392.66 1:34AM IST +419.41 (3.51%) ^DJT 20 Transportation 4,706.11 1:33AM IST +237.23 (5.31%)
pashabhai.....hope u had some work 2day & were not in touch with the mkts.....
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Old 19th March 2008, 09:39 PM
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Default Re: 1500 up on Wednesday?

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Originally Posted by sudoku1 View Post
pashabhai.....hope u had some work 2day & were not in touch with the mkts.....
I was hoping for a UNITECH entry on a bounce off 287, but when the suport broke, I stood aside.
Lots more days and opportunities to come.
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Old 20th March 2008, 03:56 AM
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Wink Re: 1500 up on Wednesday?

Quote:
Originally Posted by pasha View Post
I was hoping for a UNITECH entry on a bounce off 287, but when the suport broke, I stood aside.
Lots more days and opportunities to come.

hehe pasha
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