Weekly Newsletter - Apr 4 2009

The bulls are sweating gains but show no signs of tiring as yet. Who cares whether it is convincing enough or not for the time being. Most people seem to be postponing their sales in the hope of locking in more gains. No harm in doing so when the momentum is in your favour. The problem is no one knows when the direction will change. Ride the upside and use it to lighten positions gradually. Equities may well remain the best option for the long term. But if you are in for the long term, no issues waiting for some time to resume your buying