Saturday, June 28, 2008

History says it takes 3-4 weeks of consolidation before the market can make a good rally. As of now there is no indication that even the fall is complete. maybe end of fall signal may get created next week end and then 3-4 weeks.... We are looking at August 1st week for the earliest signs of a good recovery. Which could stretch to 3Q.I guess there will be nothing b4 that. But then who can predict the market. World markets shows more despair. And it is not because of Manmohan sigh or Karat.

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