http://finance.yahoo...ESN&a...&q=l&c=
One of the CNBC-India guest commented "We are going to make new highs everyday going forward. The trade is - buy everday !"
What ?
No i am not calling a top here (although sentiment is ripe). These wild gyrations will continue for sometime making a series of marginal highs. Reminds me of Nasdaq 2000. It's hard to time this. It's a virtual mania. The whole world wants a peice of this action (a piece of this risk ).
Edited by NAV, 18 October 2007 - 10:32 PM.