Thursday, March 13, 2008
Support 4600 has to be maintained
Bad Global news,Dollar weakness,yesterdays bearishness effected market.Plus poor liquidity made it worse.Now 4550 -4600 level is the next support.if it broken down we can see real panic in market.Market may go to 4100 levels.All liquid stocks are down.Market became more negative after the break.New listing Vguard facing heat from Day one.Market really looking for a good news for its breath.