Voila!!! The Yankees bounce back! A massive whipsaw on the Dow and S&P. The Bulls are back on Wall street. Its buy for the short tem.
What impact this can have on the Indian indices? For starters not much, but coupled with some cabinet decisions on divestment and investment taken on a market holiday, one could expect a similar whipsaw back home!!!
We are currently short on Nifty Futures initiated in the Muhurat trading session. Lets see how the ticker unfolds on Tuesday.
Look at what Ben says:
Asian countries appear to be leading a world economic recovery, but they must now focus on getting consumers to spend, Federal Reserve Chairman Ben Bernanke said Monday.
POSTED BY SOMETIMESBULLSOMETIMESBEAR AT 12:06 AM
Volatile day today. Bulls fail to book the advantage of good news as well as good closing on American Markets. Shorts carried over for tomorrow on Nifty Futures. Nothing much to ruminate except to wait and watch.
POSTED BY SOMETIMESBULLSOMETIMESBEAR AT 11:55 PM
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Tuesday, October 20, 2009
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