Take Our Survey! Nifty Reporter's Live Diary........: Avoid herd mentality......

Thursday, 7 March 2013

Avoid herd mentality......

Do you know where these markets are heading???????
There is no bad news in the market. 
Everything is looking rosy.....
Dow making new highs and the world markets are cheering it.
Below are the weekly charts of some of the major indices.
Have a look at them carefully and decide which way you want to be..............

Nasdaq Daily Chart

S&P Weekly Chart

FTSE Weekly Chart


DAX Weekly Chart


2 comments:

  1. You are talking in riddles! Do you mean to buy or not to buy?

    Atul

    ReplyDelete
  2. I am extremely cautious and avoiding longs in this market.........

    ReplyDelete