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Does the global rebound in stocks over the past few days signal a shift in control from bears to bulls?

Tags: money, health, education
Asked by southindian, 28 May '10 07:59 am
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Answers (2)


This year of the market cycle is much tougher than last year. One should not chase markets when they trend higher or turn too gloomy as and when they fall. This is in contrast to 2008 or 2009. Weve now moved into a very trading range-oriented market. Our optimism is a product of how sharply share prices have fallen. And we turned more cautious six weeks ago because share prices have risen. So the old Warren Buffet saying of be greedy when others are fearful and be fearful when others are greedy applies. Right now others are fearful, so we are turning up the greed a bit.

Robert Buckland, MD and chief global equity strategist of Citi, is of the view that emerging markets look expensive but is still overweight on these markets as a broad asset class and would rather plump for other Bric nations like Russia and Brazil over India or China. That is mostly because of valuations. Mr Buckland told Deeptha Rajkumar that emerging markets are a growth and balance sheet trfade story and over th ...more
Answered by anantharaman, 28 May '10 08:03 am

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Bulls if they fail to act now bears will have their heyday.
Answered by Dharmarajan, 28 May '10 08:05 am

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