India Markets: Technical Explanation

Tuesday, March 31, 2009

I have not seen any evidence yet that the economy is bottoming....anywhere...and the theory of De-Coupling is now firmly placed in the trash bin.

So what are we witnessing?

A technical, selling exhaustion rally...which will be followed by increasing volatility and then the inevitable thud.  The rally is past...the volatility is upon us...the thud is coming.


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