This fall in India
appears to be an
INDUCED BEAR appears to be an
ATTACK !
Nifty may find good support @5690 range and not fall below. It may require "mother of all scams" to take it much below this level & it will be a disaster. All bad news may have already been factored in by the markets.Stoplosses, margin calls have created this big fall. India ETF money may come back with bang in , also if markets were to turn from supports then one may not be able to keep pace with the uptrend after selling out GEMS.
A whole lot of great stocks are at their long term supports , one should keep caution before panic selling any gems for peanuts.
11dec2010.
