A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
An amusing comment….light hearted yet serious
Thanks M Square for initiating this Song for me earlier today….Since then I’ve been Humming Kailash Kher’s ” Allah ke Bande “ whole of this afternoon watching the Sensex drop to close near 4% down losing 506 points at 12596…..Can’t help sharing these lyrics with allof you…so hum along with me and keep the Faith…just replaced “Parinda” with …
Sensex closes down near 4% at 12596…”Allah Ke Bande “…Keep the Faith ! Read More »
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)
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 …
Time for Vulture Investment ?….Generally Not Yet…but maybe in a few scrips Equities are nearly dead…not dead yet….so all of us Vulture Investors can wait atop nearby trees or keep encircling above till we spot no sign of equity life….then dive in as scavengers picking up scrips when they fall to lifeless prices…Sesa Goa had …
Time for Vulture Investment ?…Generally Not Yet…but maybe in a few scrips Read More »