'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Thursday, December 8, 2011

The market tumbled today due to negative reports from Europe.

Lots of selling pressure were recorded and was continuously till the close.

Don't know what's going to happen tomorrow, but we'll monitor the overnight session to find out if the downtrend will continue.

Lots of traders/investors are waiting for the Santa Claus rally, and the signal is still far fetch or not clear.