A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
The Plunge in even the BLUE Chips shows that there was just no place to hide in Indian Equities in 2008…no matter what is your risk profile.Top Five such selections all plunged into the RED On January 10,2008 our Sensex recorded an all time high of 21206.77 but closed lower at 20582…From this date till now …
There Was Just No Place to Hide as even BLUE Chips turned Stark RED 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 »
It’s just past 3.30 am in the morning here in Mumbai and I’ve just been witnessing Panic on Wall Street as the DOW reacted violently to record it’s worst Points Fall,closing 778 Points (7%) down at 10365 on the Bail-out Package of US $ 700 billion being rejected by the US House of Representatives On Cue,Sensex …
On DOW Cue,SENSEX Set to Crash as Market Opens in the Morning Read More »
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 »
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 …