A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Washington Mutual (WaMu) ,one of USA’s biggest Banks was forcibly taken over by the regulator,FDIC yesterday and sold off for US $ 1.9 Billion to J P Morgan even while the Chairman and CEO of the Bank was on a flight in Mid Air…The quick move was to prevent a collapse as Depositors had already began …
The state of the USA Balance Sheet right now: “There are two sides to a Balance Sheet – the Left (Liabilities) & the Right (Assets). On the Left side there is nothing right.. and on the right side there is nothing left” (Thanks NGP for this one)
US Financial Advisor,Louis Navellier warns of further trauma and pain and bankruptcies. The US $ 700 billion Government bail-out plan for the USA Financial System scarily reveals that there’s no other alternative ! The hole according to US Advisor,Louis Navellier is US $ 41 Trillion…This is how he compiles this figure “Here’s The Truth Fannie and …
US Financial Advisor Louis Navellier…The Worst is Yet to Come Read More »
Hey! fell off our seats laughing ….watching “Headlines Today” anchor analysing the private walk of brother and sister,Rahul and Priyanka,of the Gandhi Family on Delhi’s Lodhi Road They even had a Psychiatrist on the show ! The anchor ( sadly was also some Gaurav…Hey Not all Gauravs’ are the same !) asking him what he read …
Lehman paid for it’s Ego and Arrogance….It had to Close because it consistently failed to Disclose The Fall Guy has to be it’s CEO and Chairman,Richard Fuld….Poor Fellow…sold off 2.87 million Lehman shares on Wednedsay,September 17,2008 for just 20 cents/share realising US $ 639000…..just a year ago these were worth US $ 169 Million ! …
The Lehman Labyrinth was a Landmine that it’s CEO,Fuld stepped on and blasted Read More »
Came across this very interesting Zig Zag Chart……I say there’s some more pain…so we should be moving towards panic on the downside….mark… the recovery will not be as pronounced….in that a Sensex of 21000 that was touched in the first month in 2008 is now not even visible on the horizon on any recovery from despondency Reiterating …