Thursday, July 30, 2009

IS THE WHOLE GREEN AGAIN

So everyone is partying eh...new bull market is on and what not ...dont listen to bad news jump for the good news ...everyone will be rich is the mantra as long term story intact...it is too much green isnt it ...all markets going to the moon is the avg joe saying ...it could be as there is so much liquidity into the system.

But somethign not right happening in the currencies .If dollor tanks everyone knows how gold will go to the moon theory.But how can everyone become rich? is the market a genie to be kind to grant u free money.Brokers will tell you 1000 reason to buy.

But the fact remains...US UK japan record level debts/ who is paying for all this ?

Any coming to technical setup ...$ is the bearish ...but i think it is bullish(till 78 or 74 in the USD index breaks) But i think it wont and but 2011 it could rocket to 100+ say 106 .now if that happens what will happen to asia and commodities ...

SOme patterns are emerging and it shows mkts like Nikkie are still making lower lows ...and there is activity in yen too...so are all european mkts ....

Our own index too ...may be we are in a bull market who knows liquidity can do strange things but what if this is the worst bear mkt like 1929... where the index lost 90% fromt he top

Sensex 90% from the top(which is possible with 2010 cycle 2012 being an imporant period ) ...i dont know people cant imagine that i think ...but for all this need some triggers to play out ....everyone loves china ....or say chinindia ....too bullish i think.

I think there is every chance that it go go either way sensex going to moon say 1lkh with EWI predicting that ...but cant rule out the other scenario ...things plunging 90%
Even if someone gets in at 21k he would make 5 times right in 10 years ...still pretty good returns ....but this is really publicized target...Need to think contra way also

Till then lets see what are the trigger which really move things ...like in march quant easing led to a massive rally across the board

Adios

Wednesday, July 1, 2009

OPTIONS