Monday, May 11, 2009

See Sensex touch a high of 13000-13500: Geosphere Capital

The rally in global markets is still continuing and many markets like India have rallied more than 50% from its recent lows hit just two months back. The big question is till where will the market rally. Arvind Sanger, Managing Partner, Geosphere Capital Management, said valuations are a lot more finally balanced. He said the Sensex could touch a high of maybe 13,000-13,500 and a low of 9,000-9,500.

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Jesse Livermore Said

"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor."