the headlines of et were ' if bears are back on dalal street ?"
and the reaction is all known to u.
today evening headlines are "sensex will be 23000 by march - ambit capital"
the link for your perusal:
http://economictimes.indiatimes.com/opinion/interviews/sensex-may-touch-23000-by-march-andrew-holland-ambit-capital/articleshow/7266240.cms
i wonder if sensex is some kind of pingpong ball or some investment vehicle?
Media always try to find justification in the moves of markets and creating sensation is their business.
all market indicies have broken their immediate supports hence i would suggest (for traders ) to stay on sidelines or short near the resistances given in my earlier mail.
for investors - uncertainty and fear is a good friend for value hunting!
