i Develop Stocks Advisory

Optimist or Pessimist..... "The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty." Certainly so the number of optimist are outnumbered by the pessimist and believe me this will continue till the sensex reaches 18k and above. Cni has been warranting that there has been too much of pessimism about the US financial crisis and that the markets have over reacted to the same. But we were tagged as the optimist who would fail to make a mark this time as we did probably in post May, 06 crash. But once again we have proved that Cni means “Conviction”. As was suggested in the earlier comments that BOJ would do nothing and the Fed would lower the interest rates by 25 bps and than halt for some time before actually reversing the rates. Although it might take some more time but would happen some where in late December. All these factors would keep the commodity prices in check. Before many people realise the effect of these factors the markets have already discounted the same and so if now people turn optimist it is your fault. The current month saw good results from the corporates and hence the markets were kept buoyed by the news flows. However the May month might just be dull for the traders as there might not be much news either positive or negative and therefore the markets may be range bound. Hence it would be a perfect time to get into small cap stocks which might show some spark in the coming month. "Be careful how you interpret the world."