Hi,
There are quite a few possibilities revolving around this.
Lets wait and watch.
THanks.
Major financial corporations in USA will start declaring their results in third week which starts on Jan 14. It is expected that some of the big companies will post results far worse then previously expected. Fed has given hints about deep interest rate cuts but then Fed meeting is on 29-30th Jan where as results will start coming 2 weeks before that.
This scenario may cause market to crash next week but then you can never know how the markets will Actually behave
.
I have sold 50% of my holdings including JaiCor and Reliance Infra so IF market crashes I will be ready to buy more.
and IF market does not crash, I have nothing to loose as I still have 50% of my capital invested.