We continue to hold longs on the Nifty since yesterday. A pullback is due and should happen soon.
We (Indian markets) also continue to be in a bull market rally and the correction that is ongoing is very very healthy and was anyway due.
We have been able to take maximum advantage of the downturn and I will be publishing our Oct 09 performance very soon.
Europe and US markets have staged the classic pullback today. Both are currently in a bear market rally. No international positions.
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Thursday, October 29, 2009
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