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India: Bearish sentiment growing

India: Bearish sentiment growing

The bearishness is now becoming pervasive; the analysts, talking heads, market volumes are all pointing to sideways or downward markets. We are trading above the June 14, 2006 low of 2632…I expect this low to be taken out before year-end.

(click to enlarge)

Television commentators, brokerage analysts and newspaper headlines […]