Friday, May 15, 2009

Bullish ahead of election relsults.

The way markets are going seems that there is a lot of bullish moves left to be covered. The volatility will cool down once election results are out. And that will set the direction for the next move, still staying on sidelines till a clear picture merges is good at present.
There is a sideways range developing in the markets, it could be called a consolidation before another takeoff.
Patience pays, let us wait for the right opportunity.

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