Wednesday, December 09, 2009

down day for stocks and forex

Forex - stated in the news that the USD is getting stronger vs the majors but in actual, it is getting choppy which made trading call "tough".

Stocks - maybe due for a 20% correction which has not happen yet since the bull run from March. In my opinion, this could happen if there is another "Dubai like problem" in near future or it will come in Jan 2010 after the New Year. If it does...then the market can continue with it's up-trend again from March onwards. I don't see a major sell down any time soon esp the so-called double-dip thingy!

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.