Bubble is burst…

Bubble is burst… Finally the short sell bubble busted yesterday with UK banning short sells. US and Japan are set to follow the same. The issue now is very clear where the hedge fund would and short sellers hide…? From where they will borrow stocks to sell short…? What if they were forced to cover their shorts on P notes…? This is the first warning to the global bears. US Dollar will be the strongest currency in coming years you take it from me. The weakness in the US financial market is coming to an end though Greenspan has some other ideas. In fact, world over the US financial cos will lose their existence and powerful Asian giants will take over. This is a clear signal of ASIA set to explode as next financial hub. I think India had made a great beginning to realise this through their aggression on acquisition front whereas defensive strategy of realty front. Currency trading is an indication that we are ready to take the heat on. Whenever pessimism gallore a new beginning takes place. Yesterday was the end of one black night though bears too lost equally in the carnage proving that KAR bhala to ho bhala. Coming to market manipulation was clearly visible where Singapore Nifty was misused to screw the bears today. Every day bears use Singapore Nifty screw bulls. Morning pre market trades were at 4280 and market opened at 4240 and straight away started collapsing which gave much sought after belief to bears that this illusive and they shorted till 4150. Well, the game was written to take it past 700. Our call on RIL was too on target. Bears as usual will cry for sure saying that the rally is unsustainable but the volume of over 1 cr call in 4200 will prove otherwise. Yesterday it was at Rs 10 today 125. The most defensive strategy is to still avoid A gr trading to the extent possible because this trading is taking away your reservoirs which is depriving you from cash share trading offering 30 to 50 pc returns. Moral indignation is jealousy with a halo.