If someone had witnessed the way markets behaved on Jan18,21 and 22,08,it would put all the tech analysists,fundamentalists to 'sleep'!as the ferocity of a such a severe sell-off was never predictable seeing the charts.(there were just rumours of a market crash!) And if you notice the extreme volatile sessions the markets have been going (trending and trading,both)thru since Week 1 of January08,the charts would completely baffle oneself! Also,it happens so fast! In a flicker ,as on opening of Jan22,08,there was a loss of 160billion dollars worth of stock market wiped out in few seconds of market opening. In such a case,forget traling stoplosses or keeping stoploses or sitting on profits. Even before you can hit the keys on your computer,in a flicker, the market has dealt a blow irrespective of chart analysis or keeping in view the company's fundamentals! MILIND JESTE
