Hi!
With the money flooded by the US Govt, we all saw the world markets going sky-high FOLLOWED BY the US markets, on Friday 19th Sept 2008.
Just think. Had you received a large sum as an advance, what would you do? Would you invest it for long term? ....Nah!
One would rather think about trading to make a fast buck.
That's what we see currently. All stock markets UP. Gold UP. Crude UP. The level of Nonsense by all business TV channels UP.
This all shall take most of the markets UP on Monday 22nd Sept.... atleast to start with, followed by correction due to profit booking. I would NOT be surprised if the markets close on Monday in RED.
That's one probablity, and I could be wrong to the extent of one day. Which means that if the markets go up and remain up on Monday, the above action shall take place on Tuesday 23rd Sept.
And all along during 2008 that most of the business TV channels, and most of the experts appearing on these channels... Indian, American, European, whatever..., talked about Higher Valuation of Indian stocks, sensex and the markets in General.
BUxxSHxx!
No one talked about the Lehman brothers, Morgan stanley, AIG and others, and the sky-high BUxxSHxx valuation done for these companies by these experts.
Even today, no one will admit one's mistake. And because no mistake is admitted, it amounts to no mistake occaring, and hence no correction of the mistake.
Do not be surprised, that even after today such experts keep talking about HIGH VALUATIONS for Indian markets. Be sure that such people either know nothing, or are purposely mis-guiding the viewers, or both.
But these all are my thoughts, and I could be wrong. Everyone has thinking power that one must use.
Cheers and Good Luck.
SS
With the money flooded by the US Govt, we all saw the world markets going sky-high FOLLOWED BY the US markets, on Friday 19th Sept 2008.
Just think. Had you received a large sum as an advance, what would you do? Would you invest it for long term? ....Nah!
One would rather think about trading to make a fast buck.
That's what we see currently. All stock markets UP. Gold UP. Crude UP. The level of Nonsense by all business TV channels UP.
This all shall take most of the markets UP on Monday 22nd Sept.... atleast to start with, followed by correction due to profit booking. I would NOT be surprised if the markets close on Monday in RED.
That's one probablity, and I could be wrong to the extent of one day. Which means that if the markets go up and remain up on Monday, the above action shall take place on Tuesday 23rd Sept.
And all along during 2008 that most of the business TV channels, and most of the experts appearing on these channels... Indian, American, European, whatever..., talked about Higher Valuation of Indian stocks, sensex and the markets in General.
BUxxSHxx!
No one talked about the Lehman brothers, Morgan stanley, AIG and others, and the sky-high BUxxSHxx valuation done for these companies by these experts.
Even today, no one will admit one's mistake. And because no mistake is admitted, it amounts to no mistake occaring, and hence no correction of the mistake.
Do not be surprised, that even after today such experts keep talking about HIGH VALUATIONS for Indian markets. Be sure that such people either know nothing, or are purposely mis-guiding the viewers, or both.
But these all are my thoughts, and I could be wrong. Everyone has thinking power that one must use.
Cheers and Good Luck.
SS
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