Tuesday, 4 November 2008

Some pullback due...

Markets around the world have rallied for 6 consecutive sessions. Such long rallies dont sustain very long without some pullback. Many beaten down stocks have rallied more than 50%. So expect some pullback and correction.

If you have bought stocks in last 6 days and have made more than 30% profit and have short term goal, it is time to book some profits. Poeple with long term goal must hold and buy more at every pull back.

Market is in confirmed bull rally mode.

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