Tuesday, December 15, 2009

If wishes were horses

Finally the tiredness of nifty took its toll and nifty started a correction. Thankfully we could take the call to sell at the right price point. This could be a correction that can go down to 4900's before stalling.

Did this happen because every expert was talking about nifty making newer highs? Again I was reminded not to listen to analysts and to form one's own conclusion.

These changes in trends are heart wrenching, as before it sets in , it invalidates lot of good signals with the trend. Only after making a few losing transactions one realizes the tiredness of the trend etc. Wish it could be noticed without burning some money!

But of course that way I wish so many things that could happen, but do not.


Anonymous said...

Nice work