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.
Wednesday, November 11, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment