A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Ooof !…Yes,I’m not a Technical Guy…but just received another Tech Report from a leading listed Broker,who just laid off 70 people on Thursday….It’s a conflicting and bullish view It predicts that the Nifty will surge 42% to 4250 within Four to Six Months from now….that would mean a Sensex Level that goes past 14000 again …
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 …
It is chiefly for Virendra Kapoor’s ‘Inside Story’ column that I read Mumbai’s revived afternoon paper ” Afternoon Despatch & Courier” His Column in yesterday’s edition (sorry no weblink is available) is titled ‘A conspiracy of silence’ This is a shocking gist of what he highlights of the recent Telecom Policy to sell additional spectrum, …
Just received a nice and relevant chuckle,attributed to Warren Buffett ( Seriously doubt this !) “Keeping Liquidity in such Low markets is like saving up for Sex in your Old Age !”
Just wondering ! Is it unpatriotic to seek Equity Capital Infusion from Ruler and Sovereign Funds of Abu Dhabi and Qatar and refuse help from your Own Government ? Britain’s second biggest bank,Barclays is doing just this…It has turned down the UK Government for Funds Injection but is now set to dilute shareholding where Gulf Investors will …
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 »