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Wednesday, June 08, 2005

The sensex prediction - not so right.

"This, i believe, means that the market will take a final heave before a significant fall." - Feb 23, 2005.

the market was aroung 6600 feb end. it did move up to 6800 and then fall to 6000 levels and now has risen to 6800. but i was referring to a far deeper correction. a loss of 20% from 6600 levels. i still believe that the market will shave off 20% from curren levels of 6800 - how soon will it happen, is the unpredictable factor.

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