So much for the rally! After a few days of relative calm, suddenly, the Asian markets got the jitters. This led to steep declines in the Nikkei, then to the
Careful with your money, please. This theme has been covered in my blog many times. Avoid brokers who trade for themselves, indulge in a host of other activities beyond broking.
As the Nifty closes higher, there is some reason to expect that 3050 may have become a short term low. Yet, the risk of a further decline is also high.
The good news is that the market may have seen at least a short term low on Friday, Ocotber 17. If this analysis is correct, then over the next few
Short term trading is about momentum. In fact, even investing is a lot about long term momentum, but we will leave that issue for now. If we assume that the