Today's crash in Nifty & Sensex
>Nifty crashed 115 points today with huge premium in futures.
>Shanghai up 90 points
>Dow reaching 11200 ; very crucial point >Europe mostly closed in green
>Just a hoopla around COAL INDIA IPO created a panic in Indian Markets.
>Approximately 1000 billion USD are flying in ETF money worldwide and 300 billion are in Emerging market based ETFs. Coal India IPO is approx US$ 3 billion; then why all this panic talks in Media to create fear among small investors ( please note INVESTORS not Speculators ).
>As long as some specific levels holds in Indexes / stocks and stop losses are not triggered there should not be any CRASH in near term.ONE CAVEAT : US$ IS RIDICULOUSLY OVERSOLD WORLDWIDE , IT MAY BOUNCE BACK.
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