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13 July, 2007

LONG NIGHT TONIGHT

I was busy friday and could not track the market, it was a fantastic rally. Am I missing the rally? Probably I am in wrong sectors.
Probably I have the mentality of defending my decisions I took earlier (HCLTech abd IDFC). IT and Auto sector is not taking part in the rally. Am I hoping against hope that IT story is too near term.
I will rethink and realign my strategy so that I can make most of the opportunity.
But where the market is going? Should I take a long position or a short. How can I defend against capital loss?
May be a long night tonight. But I should come to a conclusion tonight, and scuffle my position on monday.


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