BULLISH DOW ALONG WITH BULLISH ASIAN COUNTERPART,EXPECTING A GAP UP OPENING & DID SO.BUT OPENING CANT BE A DECISIVE FACTOR FOR BULLISH MOVE THROUGH THE DAY,BUT HAVING NARROW FLAT,STRIP RANGE BETWEEN 5242-5272.NOW,KEENLY WATCH THE LEVEL OF 5273 FOR BREAKOUT.LOOKLIKE ON THURSDAY,DOW MAY PLAY ITS RVERSE GAME TO TRAP ASIAN PEER.TOMORROW ALSO THE DAY OF SOLAR ECLIPSE WHICH MAY GIVE ITS PLANETARY EFFECT TO MARKET.ON 15TH JAN 1991 & 15TH JAN 1972,THE PLANETARY DESIGN WAS THE SAME AS TOMORROW'S ECLIPSE.AFTER THOSE ECLIPSE,MARKET BOOMED..WILL IT HAPPEN AGAIN?CERTAINLY,BUT NOT IN QUICK SUCCESSION.MAY WASH SOME WEAKER HANDS TILL PEOPLE BELEIVE ABOUT BEARISHNESS,AND WILL SUDDENLY CHANGE ITS MOOD.I M BULLISH FOR MARKET IN SHORT TO MEDIUM TERM.
Friday, January 15, 2010
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