Light of Hope wrote:I guess nobody wants to except the bitter truth. First it was credit clearance, everyone said market will have bull run from April. guess what it was only up oneday (other days, thanks to illiquid shares going up). Now everyone wants to beleive it's because of Holiday season and market will be up from MAY. Guess what it's the other 50% credit clearance could be the reason for market down for May and June.
The way I see is that most of the counters are still below January prices and continueing to go down. The market was green because of illiquid shares going up. Foreign selling increased, I really dont understand. Doesn't look good.
If you are new to the market, dont burn your fingers, use wait and see approach.
I really pray that things would be back to normal.
Agree... All are saying this is the reason and that will be the reason. But nothing happened after end of march. Market still red except few stocks...