Tuesday 6 May 2014

Riding MegaCycles on NIFTY

Mutual fund investors may keep printout of this chart and the previous one on MegaCycles on NIFTY along with their MF-folio papers & align their equity investments accordingly, because at the END of the bull market bulls are terribly loud & nobody pays attention to any SELL call. No broker will advise to sell, mutual funds will ask everyone to invest even more. In history, exceptional broker Merrill Lynch advised to all his clients to sell equities months before the crash of 1929. "Mr. Merrill's foresight had saved over $6,000,000 for his customers."

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