This is an archive for premium subscribers, sent on March 7, 2014.
Markets have gone berserk, as you might have noticed. The day after it hit an all time high, the Nifty went up 2% further and has, in effect, ruined the weekend for all parties that chose to go short.
(Click for larger picture)
The move in a very short time has made headlines wonder if markets have peaked and if it’s time to let go of the gas pedal. Most people aren’t even in the car, and they’re getting increasingly worried of missing this party.