Something I liked

http://carlfutia.blogspot.in/2011/11/be-content-with-what-is-possible.html 

Target Achieved

Target achieved thanks to Ben Bernake. I was thinking it will take 5-7 days but it was faster than that. Well the exit has not been triggered yet so will ride the momentum with a strict stop loss. Hope the returns are worth the wait.

Nifty Buy Signal generated

Post a wait of 7 trading days a new buy signal has been generated today. Volatility will be in the air so patience should be the key. I am expecting the govt to take steps to boost the fiscal conditions as the nation needs it, not saying that our national leaders need it but the progress of the nations growth is the only report card UPA will have to show for the next election campaign. The liquidity crunch in the banking system should force the RBI to show some relief to the banking system. Well these are all wishes... But if these do not play out the stoploss is 2% lower. This is a risky trade to get into. I am long and expect a target of 5550+.
Lets hope for the best.