I seriously don't understand the markets and the analysis.
Yesterday whent he market went up by 500 points the analysts say that it was because of strong global cues.
Today the market has opened 200 points in red and again its because of weak global cues.
Are the global cues so fickle that they change daily basis?
3 comments:
dude! no one knows anything about the market. by now this should be very very clear :-) incidentally this is what makes markets so fascinating
Ya thats right, but I still get amused every time an analyst comes on television screen gives his analysis and makes some prediction only to reverse the next day :-)
Nope.. just FIIs :).. unf Indian mkts move mostly by cash flow direction than any fundamentals :)
but don't blame the analyst.. the poor ppl are under pressure of being the all-knowing and need to give some excuse :) ..i have been churning out on mkts for more than a yr.. u r expected to say something even when there is nothing really to say! how screwed up is that! :)
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