A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I’m not into Technical Analysis…more a Fundamental Guy…but count as some of my close friends and associates,some leading Technical Voices in our Stock Markets So as this week closes with the Sensex hovering around 10000 and Obama winning the US Presidential Elections , I was taken aback when these Technical Voices made some very intense,bold and scary Long …
Is our Government and the Regulatory Authorities,RBI and SEBI working for the FIIs !?…at our expense…surely looks like it ! Just Look at some of the SEBI released figures on outstanding position of shares lent by FIIs for selling…the aggregate outstanding Participatory Note based lending position as on October 8,2008 was Rs 6493 crs across …
Foreigners Misuse PN Route to Short….and Indians get shorted ! Read More »
Investment Guru,Mark Mobius, calls for an end to Short Selling…”Short Selling is Not Investing.We have to seperate Investing from Gambling……We’ve got to get back to the fundamental concept of the stock market-the supply of Capital,the raising money for Growth” says he. Mr Mobius,with due respect to your justified sentiments in these troubled times,I disagree. Although I …
Investment Guru Mark Mobius calls for an end to Short Selling…I disagree Read More »
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 »
USA…What a slaughterhouse !…Bears & Sterns….Now Lehman,Merill Lynch,American International Group…all inside two days….with more to come !….Comical really…those who lived in Glass Houses were throwing stones at others…..Their Reports were always revising or even reversing estimates and projections and strategies advised earlier to justify every share price rise and fall !….how could you then sensibly …
U S A…..United States of Abattoirs ! ….Strategy going forward Read More »
Just a strong reflection…..we’ve seen huge abnormal speculative play in going Long on Oil and shorting the Dollar at the beginning of the Year 2008….Oil flared from US $ 70/barrel to more than double crossing US $ 145/barrel without significant change in supply or demand……and the dollar hit record lows earlier in the year…The Rupee …
It’s got to be the Biggest Speculative Play in Oil and the Dollar ! Read More »