Monday, September 24, 2007

Cheap Speculation In Indian Stocks

There is huge low/cheap level speculation happening in the Indian stock markets where some stocks are up 35% in single trading session upon some rumours! This is a red flag for serious market participants as large number of stocks are witnessing excessive specualtion and extremely sharp price movements without any solid business fundamentals. Time now for extreme caution as market is ignoring any possible trouble signs and taking a break for couple of weeks from markets will prove healthy.