A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Domino Capitulation !…Following Global Indices our Sensex too plunged 11% to close below 9000 at 8701.07, down 1071 points As I blog this,the Dow has opened 5 % down in New York….if the Dow closes weak today, you know the fate of our own Sensex on Monday !…”Dow”n with the Dow ! Alright so we’re …
Domino Capitulation of the SENSEX…The Countdown Continues 10..9..8.. Read More »
What are you trying to chase here?…the Sensex…..you’re sliding on it…you’re not playing the Sensex…it’s playing you!…you never caught it when it was 3000 or 5000 or 6000 ! …you never shorted it when it was 21000 or 18000 !…It’s now back into four figures and below 10000….. What are you trying now ?
The Sensex Closed even lower at 10809,down 674 points today……this is just in case you were curious to know as one of my earlier blogs today carried this feeling as below “As I blog this,the Time is 12.35 pm and the Sensex is already reversing out 509 points to slip below 11000 to a level of 10974 as …
Just to quell your Curiousity…Yes ! The Sensex did close much lower than at Noon today Read More »
Just yesterday,the Senior Editor of one on India’s most respected Investment and Finance magazine called me yet again….” Is this 1000 point rise in the Sensex on Monday and Tuesday fake or is it for Real ? : he inquired In June 2008,the Country Bureau Chief of China’s biggest National News Agency came to vist…he had …
When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000 Read More »
From a Sensex close of 12526.32 on Friday, October 3,2008,it has plunged another 15.95% and 1998.47 points to close today at 10527.85…In fact today itself it lost 801 points.This is keeping in tandem with similar and worse falls in all World Markets this week too Now this is what I’m waiting for !…another 2000 points fall next week …
Sensex drops 15.95% and near 2000 points this week to close at 10528 Read More »
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 »