Followers of this blog would know that I had been stubbornly insisting that the level of 4800-4700 on the Nifty has to come through before we could even talk about upside potential for the Indian markets. Having reached those levels on Friday, what next for the Indian markets? In my June 14th post, we discussed the bullish […]
The blame game begins 😀 Did you ever doubt the movements in the stock markets over the last couple of weeks was not a bear market fluctuation? Here is proof that it is- the above headline captured from Yahoo/Reuters. Wait a second. I thought fund managers never looked at charts. Wasn’t it always their super intelligence and […]
The price action over the last few days have been quite significant. Many world indices have seen reversal in their major trend. S&P 500: In my last post, I had warned that the S&P was poised to break the lows of June. Not only did that happen, the S&P took out the “Earthquake low” of […]
Brazilian Bovespa: The BRIC Index A reversal day in the S&P 500:
httpv://www.youtube.com/watch?v=kaep_sZyIzY In my interaction with CNBC TV-18 on 19th January, I did highlight that the Indian markets may have slipped into a bear market. Strangely(!) it did not find any recap in their website ! Regular readers of this blog would recall that I had highlighted in my November post itself (now Password unlocked) that […]