Ganesh jayanti...the celebration seems very muted..on the streets. The normal argument to this would be....Swine flu pandemic...but I suspect that such pandemic will not be a dampener to other wise Ganapati celebration which is held with such a pomp and show. I suspect that the real dampener was the rise in the price of food articles. Just as sensex has doubled from the low , the prices of all the essentials for roti and kapda has doubled and quadrupled. If this not taken care properly by the current government , then policies....It may give rise to again factional and regional politics.... In BSE Sensex daily chart, the channel of 13500 and 15600 is the real trench or trend channel where the actual war is going on. The war is the tussle between the bulls & the bears. It is to be seen who after all will emerges as victorious. If bull win, we may see new highs and if bears win we may re-visit the old lows. Sensex or indices caught between the bulls and bears.....some how all this reflects nothing else but the change in the trend. The trend change is nothing but actually change in the perception of the future as a whole. BSE Sensex did breakout on upside of trench, but after 3 days gave ways to weakness.
http://suchitaambardekar.blogspot.com/2009/08/bse-sensex-trend-analysis-240809.html Suchita Ambardekar http://www.suchitaambardekar.blogspot.com --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
