A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Shocking IIP Nos for August 2008 were released today.On a yoy basis the overall industrial growth is a mere 1.3 % against 10.9 % SHOCKING IIP GROWTH FIGURES IN % FOR AUGUST YOY Sector Growth % in August 2008 Growth % in August 2007 Overall Industrial Growth 1.3 10.9 Manufacturing 1.1 10.7 Mining 4 14.7 Capital …
IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ? Read More »
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 …
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 »
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 …
Hi Rakesh Jhunjhunwala (RJ)…just caught you on the CNBC Interview on “Wealth Creators”…you’ve now acheived a cult and icon status with your investments in midcaps coming good and how ! Titan,Matrix Labs,Nagarjuna Construction,Mcdowell Group,Crisil…..your gains from these are now legendary….Remarkably the billions have not been made in Core Scrips like BHEL,Reliance or Larsen…but in relatively smaller scrips …