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What I cant digest is the deja vu which is happening between the similarities of the April / beginning may & present events & that is it a trap for bears or repeatation of the events ???
i have always consider Satyam & ACC as operator bell weathers...
1) now in april out of the blue sayam collasped twice before the actual market did - so it did now
2) Govt did some handiwork in april end to make the cement collapse drastically - last time they banned exports, this time reduced import duty
3) FII were buying in cash but continously selling in futures
4) the expectation of a confirmed 13K on cards.
5) Big jump in o/i.
6) international market - stock & commodities are reversing slowly, especially commodities...
7) sensex is dancing to the tune of few heavyweights & mid / small caps have reached all times high after the MAy fall...
8) & of course the divergences in the weekly charts show a major fall soon, imho
9) Its time to short & hold & ignore the noises, instead of buy & hold...like the media noises recommend.
10) journey from bottom to may top had hardly any gaps & then from june till now the sensex has got loads of gaps... a concern for me....
11) Retail bulls mindset is changing again to greed from fear & the scare is disappearing ... the same friends who used to exit fast now say oh let it fall I'll pick up some more
Many more I'll add after recollecting... oh the main one, MY WIFE RECOMMENDED A STOCK...
Wanted: AmitBE's Nifty Fity & Vvonteru most wanted "I can help you", Traderji & Saintji - Where art thou ???.... reward on their return please
i have always consider Satyam & ACC as operator bell weathers...
1) now in april out of the blue sayam collasped twice before the actual market did - so it did now
2) Govt did some handiwork in april end to make the cement collapse drastically - last time they banned exports, this time reduced import duty
3) FII were buying in cash but continously selling in futures
4) the expectation of a confirmed 13K on cards.
5) Big jump in o/i.
6) international market - stock & commodities are reversing slowly, especially commodities...
7) sensex is dancing to the tune of few heavyweights & mid / small caps have reached all times high after the MAy fall...
8) & of course the divergences in the weekly charts show a major fall soon, imho
9) Its time to short & hold & ignore the noises, instead of buy & hold...like the media noises recommend.
10) journey from bottom to may top had hardly any gaps & then from june till now the sensex has got loads of gaps... a concern for me....
11) Retail bulls mindset is changing again to greed from fear & the scare is disappearing ... the same friends who used to exit fast now say oh let it fall I'll pick up some more
Many more I'll add after recollecting... oh the main one, MY WIFE RECOMMENDED A STOCK...
Wanted: AmitBE's Nifty Fity & Vvonteru most wanted "I can help you", Traderji & Saintji - Where art thou ???.... reward on their return please
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