Saturday, January 23, 2010

US elections in november 2010

Every politician in the world from street wala to top cream white collarred have same instinct.
When it comes to elections they change their stance towards common peoples.
During nov-2010 US state elections are scheduled and we all must get ready for bumpy ride untill then . First installment has been received by world capital markets during 3rd week of january 2010 when President have said " WE WANT OUR MONEY BACK FROM CAPITAL MARKETS".

But I am assured that "Doomed and fearful capital markets cannot payback" thus politicians may not do anything which damages the "Feel good factor " in a hurry.

Markets are short term oversold !
Wait for a corrective upmove to sell.
A correction is due in US$ index.