Friday, December 9, 2011


So now all that was to be known about the EU meet is out in the open and the markets seem to have given their reaction which seems to be tepid heir is neither exulation and neither is their and big disappointment  .

Their does not seem to be very immediate reaction from the commodities side their has ben slight movement up and down but their is no definitive direction and that seem to be direction that the markets are going to go at best looking for a direction.

So what seems to the way forward it looks that the overall meet is not going to be a success and you can expect some downturn after the initial reaction i see the markets turning downwards after some time the long term direction seems downwards

So i don’t feel that there is going to be runaway rally in commodities anyways the commodities are trading at high so i don’t see much of push but i do think that the downturn is just waiting round the corner
But in the end let’s see what’s the final outcome of the EU meet and then we will come to know of the final reaction of the market

So lets wait and watch for tonight and see what happens 

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