Posted by: Ravi Saraogi | November 6, 2011

How to cut gibberish

Following is a commentary on the future directions of the market (the Nifty index) from a leading business paper,

“The current up move may halt around the 5500-level. After that, we could either enter a phase of prolonged consolidation in the range of 5000-5500 or the index could once again drift lower to retest the 4700 odd levels.” (emphasis mine)

Translated into plain English, the above means,

“The markets may stop going up. It could remain where it is. Or it could go down.”


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