I don't generally make trading calls, but this one looks like it. Nifty should be in free fall mode on 30-Jan.
This is possibly the worst that the world might have seen since 1929 and central banks around the world are trying to keep it that way, trying hard that it does not eclipse 1929 :-|, worrying times.
Some new snippets of parts of world in worst recession since 1929
http://www.bloomberg.com/apps/news?pid=20601087&sid=arLSvyBheETQ&refer=home [Japan]
http://news.scotsman.com/latestnews/Scottish---recession-.4924413.jp [UK]
http://news.bbc.co.uk/1/hi/world/europe/7726218.stm [Germany]
http://news.aol.co.uk/world-news/french-economy-enters-recession/article/20081003094554192310380 [France]
http://www.forbes.com/feeds/ap/2009/01/28/ap5977460.html [Spain]
So much for the bad news, the reason for the trading call is the screeching halt to the false relief rally stroked in the last 3 days. Began with US, Japan. should see impact in India today.
Well....
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