http://www.businessdaily.../-/5pyesnz/-/index.html
As per Biz Daily article on Aug 29th - that was the headline...
Let us give this headline 3 months from Aug 29 which will take us to Nov 29 then we see how many bank stocks will have rallied back to their 1st July 2011 levels.
The purpose is to educate investors on why not to follow the lamestream media and instead to do their own due diligence and to follow the opposite direction of the group-think. That's how Mr. Market works...
NSE is yet to get to bearish extreme levels since some investors/fund managers are still talking about accumulating even as the massacre continues...
When this crowd stops parading the accumulation story and biz daily is full of copy-paste biz stories from other lamestream international news sites, then one can start accumulating since the bearish mood will be bordering on the extreme zone... And as usual wazua posts will be a droplet on stocks, but numerous on other topics like in the groups and market sections.
For every action there is a reaction.
1. Mr. Market dislikes crowds... action
1. Mr. Market likes volumes... reaction
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!