Market painted red for the 9th day,5000 dream is next 2 imposible in the near term

@hisah .i agree. And the Us treasuries have been the darling of investors all throught the summer and thats not a gud sign.
I hope you are like me and stayin off equities for now.

[quote=qw25041985]@hisah .i agree. And the Us treasuries have been the darling of investors all throught the summer and thats not a gud sign.
I hope you are like me and stayin off equities for now. [/quote]

I trade the index and not the stocks. This way I'm divorced from falling in love with a stock :-) We should also have the same here for NSE or NASI to facilitate day trading. Hopefully vision 2030 has this in mind somewhere. So far I'm prefer shorting the Nikkei. Pending Dow, DAX and FTSE this September as long as they're below SMA200.

As long as the NSE is not seeing huge buy volumes, I don't see how 5000 will be broken. I'm bullish on NSE, but without smart money around, 5000 is too distant [-o<

September Easter egg :-)

[quote=qw25041985]@ Much Know. i think i have made my point clear. Once again technical analysis has saved from unecessary panic selling.Imagine if i panic sold mumias like so many wazuas i bet i'd behaving some guilt right now....[/quote]
@qw do you really own any shares, and how exactly has ta saved your ass? Why would anyone who for instance bought mumias @ 3 bob panic just coz it fell from 14 to 12?

[quote=mlennyma]Market uncomfortable and bottoming up posibly today for new direction[/quote]

Looks it is holding today. It will just need a small trigger to start going up. Yesterday major international indices were up.