as mentioned earlier, US markets alongwith japan and UK markets are in good deal of trouble. charts are extremely extremely weak and immediate re-surrection looks pretty difficult.
in the face of such cues, we are still chugging along - but the moot point is - how long ?
cut your exposure in midcaps which have become extraordinarily rich - valuationwise - to the point of bubbleproportion. again i am saying this is the time to take your money and run ..............
you may lose a few percentage points on some stocks but i prefer to err on the side of caution than to feel sorry later ...........
just see if you can agree with me.
Tuesday, November 20, 2007
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