http://www.etfguide.com/research/226/8/Bulls-or-Bears-Who-Will-Have-The-Last-Laugh?/
and
http://www.etfguide.com/research/227/8/5-Disturbing-Facts-For-The-Bulls/
These articles warn that another big crash is imminent.When i saw the chart for S&P 500 PE ratio, it looks like a Armageddon if it really falls to that level! But i think , the FED and other central banks across the globe will keep printing money to keep the markets high.
The sensex seems to be correcting this week and is back to 16K levels.I think we can start investing in MFs if it becomes 14k levels.Otherwise, best is to follow individual stocks as Yogesh points out in his blog(happionaire blog).
Most of the Yogesh's reports have not done well or posted modest gains .I htink we can wait for a longer period of time to see who is correct.Yogesh still advises gold.
Tuesday, October 27, 2009
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