A temporary lull in selling and a short rally now?

I have a friend who uses his own method to invest. He selects financially sound companies that are also reasonably well known, either because they are large, like Reliance, or they belong to a sector that is currently doing well. He doesn’t touch unknown stocks. When the market declines substantially (by, say, 10% or so), he picks up small...

We may get a brief bounce that may not last 
                                
After a huge decline since the middle of May, it is time for the market to make a small rally. That is the good part of the short-term scenario. The bad part is that this coming bounce, like the previous ones, will not last. The back of the market has been broken. The tide against the market advance is huge and it...

The Market is not headed down but has lost the will to go up              

In our last issue, we had said that the market was headed for more gains. This did not happen. Forecasts can work only when there are no freak, unexpected events -- like a third-world country conducting a nuclear test. One such event over the past two weeks was the parabolic rise in the price of crude oil. Just when it...