I finally made it to India! I’ve been working on coming out here for a long time, but you know, life gets in the way. I’ve made an effort in the past year to travel, particularly to Asia to learn more about the culture, the people and the financial markets. Since last February I’ve traveled to Hong Kong, Singapore, Kuala Lumpur, Tokyo, Taipei and Philippines. It’s easy for me to give a presentation and talk about what I’m seeing in the market. I’ve done that pretty much every day for as long as I can remember. Where I win is in the conversations I have prior to my events, and more importantly afterwards over cocktails and delicious food.
To be honest, what inspired me to travel and learn from other markets was India. Long story, but India was the first place I wanted to go to and learn and talk about markets. But as it turned out, it took me longer to get here than I would have wanted. But hey, I’m here now and that’s what matters.
So why am in India? Well, the easy answer is why wouldn’t I be in India? Have you looked at these markets? They might have more sectors than the United States, but the similarities in Sector Rotation, momentum, relative strength and Fibonacci Analysis are off the charts when you compare the NIFTY500 to the S&P500. It really is amazing to see.