Sunday, November 2, 2008

trading the stock markets

ok... while i learn- i try to write down my learnings so that others may learn with me...

the markets are down-50% from the peaks and just yesterday the rbi has cut the crr, repo and slr- flushingthe system with more liquidity.

my guess is that the interest rates are going to come down-and hence the interest rate sensitives are now going to surge on hopes that it does- so look out for the unitech, dlf , tata motors etc of the indian economy tomorrow to see their prices jump.
i am also expecting that the price of fuel drops next week- early- so that will also be a very positive trigger for the markets to move up-- maybe to 11000 levels or 3300-3450 levels next week...

lets see..

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