Tuesday, September 22, 2009

Sensex at 17K

This is the most surprising thing that is happening now in the financial market. Can't imagine the movement of market from 8k to 17 K at such a pace. Is our market not mature enough to understand the world ? How could the financial situation improve to such a great extent?
I think there is some kind of bubble awaiting. It's time to book partial profits.

Moody's of economy.com said there is always a risk of another major event sending shock waves in financial markets like the Lehman Brothers. The central banks across the globe are tightening the money supply to control inflation and this is going to affect the market for sure.

Be sure to exit at the right time.

No comments: