Hi friends,

Last week i had said the markets would bounce and they did bounce but the bounce got torn away by one more panic fall. The Dow bounce from 10067 to about 10269 and then gave up all gains and slipped below the 10000 mark and then clawed its way back to above 10000 mark. The nifty broke the 4700 mark but closed the week above it.
While gloom and uncertainty has set in i can safely predict that next week market will rally.

Nifty is headed to 5030 and if now nifty does not reach this level we have to conclude that nifty is headed lower as the short term trend is down .

The Secret of Karma and Abundance in Tough Economic Times

by Mark Whistler

Over the past year, economic conditions have certainly been tough, taking the greatest toll on individuals and families... Many now struggle to pay bills, hang onto (or find) employment, while attempting to remain centered in the middle of one of the worst market-related storms of the century. At the same time, many Corporations are reveling in Government handouts (with executives still cashing gluttonous checks), all the while, politicians have seemingly forgotten about the average Joe.