A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
As Share Prices move towards Distress and even Death levels don’t Buy into Companies just because the Share Price looks Cheap ! Alright ! So Futura Polymer at Rs 7/8 and NEPC at Rs 8/9…and Oh ! how does one leave out the Big Time Punting Scrip of HFCL below Rs 10 !…all look inviting at these prices..Were not …
How would you like to Bet on other People’s Debts !? ….Will they Pay or will they not !?…USA has this great Gambling Product that goes by the terminology of CREDIT DEBT SWAPS or CDS for short Just read the frightening revelation that the Exposure currently on CDS is US $ 54.6 Trillion…that’s over three and …
Spooky CDS Exposure of US $ 54.6 Trillion…yes, Trillion ! Read More »
Our Sensex Reached an intra-day high of 21206.77 on January 10,2008 this year,but had registered ahighest closing of 20873.33 just two days earlier on January 8,2008 To gauge the Erosion in Equity on the Bombay Stock Exchange from January 8,2008 to September 30,2008 just have a look at the Indices Table Below…Buffett just commented that USA is …
FY 2000/1 Being Repeated….Huge Erosion in Equity in 2008 till Date Read More »
Living Investment Legend,Warren Buffett has just committed US $ 8 Billion to the Two Big ‘G’s”,Goldman Sachs and General Electric (GE) Hey Mr Buffett ! I’m also a “G” ! Buffett has been a fan of General Electric for decades…Interestingly the Indo US Nuclear Deal too has just been passed and GE is expected to get orders from India for …
Time to get greedy says Investment Guru, Warren Buffett 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 …
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 …