Friday, June 6, 2008

Black Friday for Walls Street

It was really a bad day on stock market today. Dow Jones went down 400 points.
A few weeks back when Sensex went under 17,000 points I have posted a blog here saying that Dow Jones may touch 12,000 and Sensex may touch 15,000 soon. Both my predictions are coming out to be true.
I covered most of my short positions today in the market but I still see market going down more. Here are some more bold predictions that I am expecting in coming few months
Dow Jones May touch 11, 800 in coming weeks
Sensex Range bound between 14,500 to 16,500
$ / Ruppee 43.50
Crude oil Should go down to $115 in a month

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