In your interest.
Online Personal Finance Magazine
No beating about the bush.
The smart bullish crowd is muted. That is a contrarian's sign
In the previous issue, I had said that a small relief rally may be round the corner; enjoy a rally as long as it lasts. After the issue was out, we had exactly two days of rally; then the Sensex crashed to a new 2008 low of 9,911, easily cracking the psychological line in the sand of 10,000. The first time it rose above 10,000 was...
A short-term relief rally may be round the corner
Last fortnight, I said that there was nothing to celebrate in the rally that gripped the world in the week ending 19th September. Maybe we will have a tradeable rally in oil, gold and equities but such adventurism will end in tears for all except the most nimble traders. Indeed, while gold and oil went up and down, the monster global rally in...
We will get several short-term relief rallies but no medium-term comfort
Last fortnight, we said that the market is now not driven by crude oil prices anymore and this was ominous. It signified that global growth is slowing down. We said that the Indian market is being completely influenced by the US market action for now, since there is still very little confidence in the Indian markets and...