Tuesday, November 20, 2007

US financial sector in doldrums .........

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.

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