Thursday, June 23, 2011

100 % traders are bearish - how can market fall now? ?

For every trade to take place there must be a buyer and a seller. Further, there must be agreement on price and volume. Yesterday, channels shown the results of surveys conducted by brokers among traders. Hundred percent traders are bearish now. That means there is no buyers. In such a situation market cannot fall / if falls it would be on thin volume.

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