correction on the cards

AMERICAN MARKET HAS GOT INTO CORRECTION MODE AND GLOBAL CORRECTION IS VERY MUCH ON THE CARDS . NIFTY MAY DRIFT TO 3600-3700 LEVELS BEFORE AUGUST EXPIRY .

FALL OF AMERICAN MARKET

YESTERDAY'S FALL IN US MARKET MIGHT LEAD TO FURTHER CORRECTION . TREND IS ON THE BLINK OF CHANGING FROM BULLISH TO BEARISH . S&P 500 MIGHT GO TO THE LEVELS OF 850-800 . STAYING AWAY FROM BUYING EQUITIES WILL BENIFIT TILL THE PICTURE IS CLEAR .

A TREND CHANGE POSSIBLE

TECHNICALS SUGGEST THAT THERE CAN / WILL BE CHANGE FROM BULLISH TO BEARISH SENTIMENTS AND THE MARKET COULD FALL FROM CURRENT LEVELS + 2.5 % TO FALL OF AROUND 10 % MIN. .
THIS MIGHT VERY WELL HAPPEN IN THE MONTH OF JULY '09.

JITIN.

OUR EQUITY MARKET

WEAKENING OF HOME CURRENCY AND CLIMBING RATE OF CRUDE PRICES , IS GOING TO EFFECT OUR EQUITY MARKET .

Trading on hang seng or Dow jones

Are you trading on any of these two exchanges , feel free to contact me for free demo for 15 days .

A SMART CORRECTION LIKELY

A CORRECTION OF MORE THAN 15 % CAN BE SEEN IN JUNE OR FIRST WEEK OF JULY ' 09

My favourite alphabet is W

This recovery is going to be W shape.