speculative mania II
Dear friends in my first write up bull mania was brough out which now turned in bear ? Mania. Every one is hopefull as fundamental are intact?. The correction expected and followed Newton law there reaction for every action.
But what will be reation of a trader. Offcourse reaction if he has taken action.
Now if you make action to expect reaction please go for rest that you desreved to review various theories.
As for me Top of the market is still to come. so use trend following tactics to ride the next upwave. wait for confirmatory signal before bording the next journey.
Market become too volatile to be in market. there is no harm in waiting for stabliztion of market.
There is another fear of rupee appreciation. all this need to be taken care of in selecting stock.
surprisingly and as expected small illiquid stocks are making up as i suspected.
No short selling desired as market has many support down the line as for first fall always there are buyers.
Rest use your emotional free judgement.
happy trading
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