Some positive things happening right now is typically the huge amount of liquidity which is being put in by the Central Banks across the world and because of that, the global markets are in a positive framework of mind. Also we are seeing some signs of a recovery in the global economy maybe because of this liquidity, so as long as this liquidity continue; you may not see a very sharp drop in the market. But we believe that global markets could also go in a correction maybe in two to three weeks time and that will be the time when the danger of a further downtrend in the market will be there. The other thing is the monsoon which the market is ignoring till now or at least till before yesterday, so it will be also very critical to watch in the monsoons from here onwards. These two factors combined that would decide whether the market goes down below 4,400 or stays in a range.
*Source: Money control* -- Thanks Manoj Damani +91 9903009493 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
