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January seems to be the favorite month of the bears |
ajitg76
White Belt
Joined: 08 Dec 2009
Posts: 21
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Post: #1  Posted: Fri Jan 14, 2011 4:46 pm Post subject: January seems to be the favorite month of the bears |
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January seems to be the favorite month of the bears. Its been 4 yrs in a row we have seen a big correction in Markets in the month of Jan.
Famous crash of the 2008 began in the month of January where Nifty corrected from 6300 levels to 5300, In the year 2009 again we saw a fall from 3100 levels on Nifty to 2700 levels. In 2010 we saw a fall from 5270 levels to 4800 levels. Seems to be quite a lot of selling pressure coming in during the month of January from Domestic as well as Foreign institutions.
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #2 Posted: Fri Jan 14, 2011 5:08 pm Post subject: |
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| Well did anyone complain when market went from 5400 to 6300 overnite, now its just the opposite happening so enjoy the fall as you enjoyed the rise and be happy.... |
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