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Pranab’s speech brings Sensex down !
By admin | February 16, 2009
Sensex lost almost 300 points as Pranab presented a populist budget, with the election in mind.
Loan waivers to farmers and welfare schemes, instead of development, marked the budget.
When he started his speech, the Sensex fell 80 points and continued its southward journey. It seems no power on earth can save the Sensex !
We reiterate that the Impulse Phase is Bearish and a corrective phase can happen at any time. People gain during the Impulse Phase and lose during the Corrective Phase. Our advice is to stay clear of the market, which is southward bound !
Topics: Stock Market Astrology |
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