Markets Melting….US drops over 2% yesterday….Sensex should drop below 20000 today…Happy Basant Panchami

It’s melting out there ~leading US Indices sank 2% and more yesterday ….Expect rough weather even today on the Indian Bourses and the Sensex may drop below 20000,a level seen last on October 9,2013 last year….resist temptation to trade or even to short as the Volatility and Trend may just not turn out to be your friend !

  • Dow: 15,372.8 (-326.0, -2.0%)
  • S&P 500: 1,741.8 (-40.7, -2.2%)
  • Nasdaq: 3,996.9 (-106.9, -2.6%) 
This morning the SGX Nifty is down a percent and Asian Indices Hangseng and Nikkei are both down over 2% with Kospi trying to catch up with them Instantly recall the Eveready Battery Ad tagline ” Gimme Red !” It’s not going to be a Terrific Tuesday !
Happy-Basant-Panchami

🙂 May Goddess Saraswati give all of you the Knowledge and Wisdom not to Trade the Markets today as they will melt following the US Meltdown yesterday !