u have a drought like situation with the prices of basic food items going up because of supply constraint anf here the govt declares a growth in farm output
Great !! For the people by the people to the people
Kumar
To: Technical-Investor@
From: fjl24@yahoo.
Date: Sun, 29 Nov 2009 22:32:32 -0800
Subject: Re: [Technical-Investor
Hi Friends I think the govt wants the markets up because it requires money urgently. And for that it intends to offload psu scrips in the market at the earliest. Having said the above it is not all that easy nowadays even for governments on its own to do much with the markets - except for in the short term. Especially in Indian markets there is a lot of FII's playing a major role. In the short term the PCN's/PNC's would be the only way the govt can indulge in helping the outside funds to enter and move the markets up with ease. If any other route taken then macro economics would come into play. As trend traders we just follow the trend and let the markets take us out at our stop losses. Trade Well Regards Floyd --- On Mon, 11/30/09, PRS PTL <galaxypvhd69@
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