1. Increasing foreign investment
2. Big guys start to play
3. Credit limits
4. Increasing of local investment with uptrend market
Heard some black money also came to market. May be not true.
Now I feel there is no good reason to up the market.
1. credit relaxation (again no use,will stuck in somewhere)
2. with downtrend locals do not intend to invest
3. big guys start to play again (again bubble)
4. increasing foreign investment (there should be valid economic and political reasons)
I think market should behave with valid reasons.
With these things I think market should not go up in short term (I am also suffering with loss, not against small investors)
I want to blame the SEC not because of market going down, I do not think they can do anything for this down trend. I want to blame SEC because they allow creating the bubble. Everybody happy with the uptrend (bubble) and now start to blame.
Anyway what we can do now is to find the bottom. Hope it is not below 5500 ASI.
Appreciate your comments.