No Trend in Sight
Debashis Basu on where the stock market is headed 03 December 2009

Pending further evidence, we continue to have no market forecast

Last fortnight, I had said that we are entering what may be called a non-trending market. In such a market, investors, and even traders, can be easily tricked into buying and selling at the wrong time. Just when it seems that the market is about to sell off, it can suddenly bounce back, as short-term sellers exhaust themselves...

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