Thursday, May 27, 2010

28may2010

-Shanghai : may be bottoming out for the time being.
-Gold is not that "over priced" against other metals and crude.
-DOW JONES: hurdle@10200 . crossing of this hurdle may give way to a 200-450 pt rally.
-NIFTY: biggest hurdle @ 5050
if 5050 is crossed with confidence then a rally of 50-100 pts may take place.

-Telecom stocks have reached at the end point of a cliff ,
ie. @ very very critical point of breakdown or survival .
Very-very crucial time for them coz fat-pocket , headless suckers are
running these companies who do not understand the value of money.
These guys are flouting the hard earned money of these companies.
Lets hope for the best and get ready for the worst.