the global markets are in a turmoil .
the problems that the globe has are not going away every new day is there some or the other development and which pulls the entire equity market down .
the European problem the US problem the Greece problem every day there is some or the other bad news
so what does it suggest
well to me it seems that this is market that is willing to go down heavily on bad news and is due for some major correction baecause the bad news is not going away
earlier the markets in Europe and the us used to recover very sharply but this time this has not happened and this tells you that the market is keeping on factoring bad news and the desire to go up is going down every minute
so this is not the time to go long if you want to trade at all trade short and it would be better if wait it out and see what happens over couple of days and than take a call
the problems that the globe has are not going away every new day is there some or the other development and which pulls the entire equity market down .
the European problem the US problem the Greece problem every day there is some or the other bad news
so what does it suggest
well to me it seems that this is market that is willing to go down heavily on bad news and is due for some major correction baecause the bad news is not going away
earlier the markets in Europe and the us used to recover very sharply but this time this has not happened and this tells you that the market is keeping on factoring bad news and the desire to go up is going down every minute
so this is not the time to go long if you want to trade at all trade short and it would be better if wait it out and see what happens over couple of days and than take a call
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