----- Original Message -----From: Ray SethSent: Friday, November 27, 2009 12:36 PMSubject: Re: [Technical-Investor] BUY NIFTY 4830-4850, HOLD FOR TGT 5500-5600 Indian exposure to Thailand was not as much as Indian exposure to US, and current US exposure to Dubai. Nostradamus had predicted the 3rd anti-Christ (in his language, although I do not think he meant religious) would come from the Middle East. All through the years people have been saying Saddam, Osama. I think the anti-Christ (and world is predominantly Christian) is Sheikh Mohammmed.
Dubai will destroy the world.
Regards
Ray
On Fri, Nov 27, 2009 at 12:13 PM, Prashanth K <prash454.ta@gmail.com > wrote:
I am a Trend Follower and hence for me, I trade what the system tells me. Yesterday went short and shall keep the same till it says to reverse.But the important point is as to whether this is just another panic or a precursor to something larger.In May of 1997, a attack on the Thai currency started what we know as the ASEAN Crisis. It did not at that point of time inflect India since we were a closed Economy.Can the current Dubai problem start a similar trend which affects everyone world wide? I think only time will tell, but the ASEAN crisis is worth a read.CheersPrashanth
On Fri, Nov 27, 2009 at 11:53 AM, BALAJI Jayaraman <bctbalaji@gmail.com > wrote:Those who buy in this panic will be benefited.
BUY NIFTY @ 4830-4850, HOLD FOR TGT 5500-5600 // Bank Nifty heading 10500+
Nifty (spot) cmp 4841 / 4842 // as i write this // 4837-4824 is important support zone and bounce back expected
Dont panic. Use dips wisely & be an opportunist. Markets will be heavily volatile. Be ready to face it.
Rgds/Balaji
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