Wednesday, November 11, 2009

Asset Bubbles

Central Banks worldover are stimulating the economy by printing large sums of money. That is the reason all asset prices are going up like a bubble - Gold, DOW, Emerging market equities etc. What happens to a bubble when you stop inflating it? It deflates

Someday that will happen

Back to the Nifty...We have retraced 61.8% of the fall from 5182 to 4539. So we might find some weakness for the next few days. Let's see.

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