Global equties are gearing up for another dreadful crash. While Asian markets are trading deep in the red, US & Europen futures continue to tumble. Singapore Nifty Futures are trading down 50 points.
We expect the markets to tumble this week too. While midcap story, which continued to be strong in the last 1 month despite of global meltdown will be hit the most in the next 1 week to 10 days. Mark these words.
Greece crisis is neglected by world markets till players switched positions. We mentioned many times to be extra catious and May will be the sell off month and here we go with a panic sell off.
It would be better for Individual investors to stay away from the markets. Bottompicking and cherrypicking are still not the right words to use in this market. Hang on and wait for the oppurtunity