SIR WE R STANDING ON A GOOD CORRECTION ....... WE HAVE AN INTERMEDIATE UPTREND........ SO THIS OBVIOUSLY BECOMES A GOOD BUY AT LOWER LEVELS......MKTS MAY GIV A GOOD BOUNCE FROM HERE.....
THE LAST TIME I LONGED...IT WAS AFTER A VERY SMALL CORRECTION ON FRIDAY.......AFTER THAT ON MONDAY I EXITED LONG AND ENTERED SHORTS.......THAT IS BECAUSE AFTER A SMALL CORRECTION IF MARKETS REMAIN FLAT THE OTHER DAY i.e. MONDAY......IT IS ACTUALLY GETTING READY FR ANOTHER FALL i.e TODAY..........
REGARDS
NJ : )
THE LAST TIME I LONGED...IT WAS AFTER A VERY SMALL CORRECTION ON FRIDAY.......AFTER THAT ON MONDAY I EXITED LONG AND ENTERED SHORTS.......THAT IS BECAUSE AFTER A SMALL CORRECTION IF MARKETS REMAIN FLAT THE OTHER DAY i.e. MONDAY......IT IS ACTUALLY GETTING READY FR ANOTHER FALL i.e TODAY..........
REGARDS
NJ : )