Who Say It's Over

The Nifty is been fooling around common people every now and then, i guess people will suddenly become sentimental highly positive and jump in buying and the nifty will suddenly seems to be bullish and then there will be another fall, Zap boom bust. I feel people will again get trapped in the current move. Lot of people thinking the bear rally over, be aware.People say the bailout will get passed and we will have the fresh bull run now. Please stop fooling around your self if you are short term trader/investor and are going investing in bulk.Rupee is weak the American economy is also going through slow phase(Industrial output/demand down, unemployment increasing) which is not a good news. The global financial systems are going through the trouble. Lending system also needs to go through the cleaning process after the bust.How can all this be done over night. Suppose a boxer is beaten down to ground for first time he gets up quickly and starts fighting , if he is beaten down again this time it takes more time for him to get up and start fighting, suppose he gets beaten down to ground again and is beaten very badly he will try and get up but it will take more time for him to get up as he beaten down badly. He need to regain energy before he gets up. On similar lines I think after the bubble has burst it will take time for things to be back on track and run smoothly.Let be optimistic but give system the time to gain energy and don't expect a sudden steep run in market.

Also speaking according to technical charts the bull run was for about 5 years. After the down fall for just 9 months we cannot expect the market to be bullish again just because of US bailout plan. Nifty may keep a slow downward moves for few more months and then may be slowly start returning to track. And when this will happen not most people will know that the bull run has started, because people will get bored with the range bound slow movements. on the other hand it may happen that nifty keeps taking the wild jumps up and then down ,up and then down in the same range for few more months may be before it resumes the next bull. I guess may be next mid year we will see that the new bull is starting.

"Doing the best at this moment puts you in the best place for the next moment." --Oprah Winfrey

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