I decided to cover my lost earlier today. Market is not moving as I expected them to.
My trades were covered for $3, that's around 19% loss.
I will stay in sideline until another signal is yielded
Wednesday, May 2, 2007
Cover my lost, as short is being squeezed
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Hi Everyone.
Your blog is nice and informative. We think your visitors will like this posting.
We all know that Indian stock market has become volatile now a days. One day its going up and another day its coming down. So we all should like to know
what is the reason for it.
Well We say its the game of FII how they direct the market. They have huge money with them they can direct any share as per there needs and requirement.
Now its a alarming time.
We suggest you to be very much beware now as year closing of FII is on the cards. There year closing is based on year to year basis. Not like ours i.e. March.
So many will try to invest more money and rest will try to take there profit back home. In this scenario its best to follow market trend and work with small
quantity. Just wait and watch.
Regards
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