Nifty to Make Double Top and Market Correction To Begin?

Hi All,

I have written an artcile on "Nifty to Make Double Top and Market Correction To Begin?"

Sep 19, 2010, Indian Stock Market is getting more attention worldwide on increased GDP forecast and increased fund flow from foreign investors and hedge funds. This shows that Nifty is approaching a near term top in the coming weeks and stocks are more vulnerable for a sharp pullback.

Nify closed on 17 Sep, 2010 at 5890.70. When Nifty crosses the psychological level of 6000 and also the double top, many smart investors will exit....


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Stock Market Correction is Imminent

Hi All,

I have written an artcile on "Stock Market Correction is Imminent"

Sep 19, 2010, CBOE - Volatility Index (VIX) closed at 22.81 and S&P 500 index 1125.59 on Friday Sep 17, 2010. This low level of fear gauge giving as a sell signal and to go long on bear ETFs.

From Aug 26, 2010, Dow Jones was up on 12 sessions out of 15 sessions. NYSE Volume is still at low levels about 30% below so far in the month of september. For example, if we take Bank of America (NYSE:BAC), the 10 days average volume is at 132 million shares which is about 1.31% of total shares issued. It shows that that only less than 2% of shares in the trading activity which may most likely to come from speculators rather than investors.

Once the panic begins,.....

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Gold Fever Needs Treatment...!

Hi All,

I have written an artcile on "Gold Fever Needs Treatment...!"

Sep 19, 2010 - Gold reached its all time high of US$1275.6 on 17 Sep 2010. There will not be any surprise of resetting this all time high in the next coming weeks. However based of curreny deflationary pressure and increasing US $value among other currencies, this gold fever needs immediate treatment, perhaps will start in a couple of weeks and definitely not months......

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FAZ is a buy again

Hi All,

I have written an artcile on "FAZ is a buy again".

Direxion Daily Financial Bear 3X ETF (FAZ) closed at 13.63 on Sep 10, 2010. FAZ is good to start buying from this level due to .....

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