Hurst Cycles Trading Software - Accurately Forecast Nifty and Stock Cycles

Tuesday, September 23, 2008

Low Volume Declines

The past 2 days moves lower...both here and in US..have been on low volumes which makes me very cautiously bullish...Now again only for a bounce upward where I plan to get short again...Now dont trade for few days if you are risk averse because nowadays markets are moving on news alone and things are quite volatile and dangerous. If you dont manage risk properly, a trader can have his head handed over to him. Be careful out there...Its a jungle!

Some UPSIDE and then MAJOR DOWNSIDE...My Outlook for Now...!

Lets see :)  

Best.

PS: Long time since I put up charts I know...But will do so before or on this weekend.

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