Tuesday, August 11, 2009

Moving To India




Moving for good to India. So I won't be able to post much for next few days starting from today so bear with me. Here's my personal contact info:sureshgajjela@gmail.com and you can always ping me at the bottom of the blog spot through chat section to pass on any info/messages.

Good Luck.

Regards
Suresh

Dow 1929-1933 Vs Current Market

Dow Jones 1929-1933:


Peak was 350+ point and trough was 41+ odd points.

Dow Jones 1929




Dow took a nose dive from 350 odd points to 190 point in span of 100 days and rallied almost 50% retrace to 300 over 6 months before making multiple false bottom to attempt to backup. Finally landed with 41 in 1933 and this took almost 4 years to happen.

Dow Jones 2007- Current




Does the current market looks like 1929 markets after having rallied almost 50% on indices for almost 6 months now? And will it make multiple false bottoms coming? Are we expecting declines coming all the way till 2012?

Note:Click all the images for sharper view

PBS: Breaking The Bank