Dear Friends
See the following reports till date .....
1)World economy is contracting at very fast rate and developing countries has notices loss of 145 trillion dollars from economy/capital markets .....
2)The economic crisis would continue for at least from 1 to 1.5 years
3)Sensex and Nifty would see atleast 7000 and 2400 if not less
4)World bank report said that developing countries would not be able to raise the debts and loans much needed for economic growth
5)60 percent developing countries are worst hit by povery right now
6)Indian market will perform poorly due to poor global queues
7)Till election Indian market wont see any recovery
8)On each rally one should close any open position
9)Equity markets will crash at faster rate and money will go to commodities
10)IT and other industry would notice huge job cuts
ohhhhh my GOD so much of negative news I switched my ULIP based plan from equity fund to protector fund .........
But I was shocked to see the move on Friday 13th 2009 ........where so much of negativity has gone .........I was stunned and hurt as again I failed in anticipating move of market ....
Today I made 10 rupeese from the market when most good stock are 6-9 percent up ending up in remorse ........
Your view and feedback are highly appreciated ....
Thanks
Ganesh