Thursday, August 17, 2006

Better stay away from the market rather than swimming against the tide.

Dear Sir,

There is a basic economic reason for the market to move up.The demand for the second half of the year is exceeding supply.
That is why the market is showing strength.It has moved up faster because there were some smart businessmen who understood the scene and made money out of it.
If sellers can take a bearish call and sell for the crop which is still to come,why cant any one take a bullish call?
Hoarding and selling in advance are part and parcel of our business.Everybody is into business to make money right?
It would be best to stay away from the market rather than swimming against the tide.

Thanks.....
Regds,

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