ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Signs of Weariness

Signs of Weariness Nishtar THE stock markets have scaled new psaks. Though they are still not out of breath, signs of weariness are beginning to emerge. While bulls continue to be on the offensive they have changed their strategy in that they arc now concentrating their attention on scrips in which there still exists heavy "short" interest or which have been lagging far behind in the recent up- surge. Much of the past week's rise has be n caused by nervous short covering and scarcity of fresh offerings; bull support has been very selective.

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