Bulls euphoria : when does the party end ?

I think the euphoria has been overdone ....

For medium term traders, it's time, in my view, to start think of slowly buying some puts and booking profits

AGILENT

P.S. I know sensex at 15K looks like an attractive and strong target for speculators to 'drive' the market up to ... but the story has to (at least) pause some time .. let's not even hint about reversing

No chance mate...reversal is far far away , minor major corrections may come...20K is my target now for the sensex...funny in april
I put a sensex target of 6.3K now nifty around 6K lets see, this is just IMHO...that would be the true euphoric target it seems

???/

AGILENT

Intraday chart suggests bulls are getting exhausted (at least for now)

http://finance.yahoo.com/q/bc?s=%5EBSESN&t=5d&l=on&z=l&q=l&c=
click on 5 day chart

Does that point to a gap down opening tomorrow ..?

How I wish I had those predictive powers which most CNBC analysts (and many members on this forum) seem to have ...

AGILENT

ahh...my friend czar (i still prefer, Baron) ... so nice see you Bullish for a change

Hello Agilent,

Nice to see you around.

No weakness seen yet, watch the 3965-80 zone for the moment. Any close below this would indicate the reopening of the shorting season.

An old adage - Timing has a lot to do with the success of a rain dance.


CV

Sidhuism, eh CV.

lol...call it ForestGumpism really

http://www.traderji.com/futures/9886-trading-calls-2.html#post67372


CV

hi,
Party will end when we will have a freak all time low opening (like today's all time high freak opening) on the down side my friend and we will call it a bear market then

spiderman