This is not a Morgan Stanley Bashing Intent ~ More to continue to caution Investors from following the ‘Big’ Blindly
A Year Ago in May 2011 Morgan Stanley was exciting everyone predicting a Sensex of 30000 inside 18 Months while I disagreed stating it will seek 16000 soon ! ~ it was at 18500 Levels then ~ Morgan Stanley’s Sensex Report was both Misleading and Irresponsible ~ and in the absence of strong Investment Advisory Regulations,despite continuing efforts from SEBI to create them,they will get away with it
A Year Later in 2012 as June Begins our Sensex has broken 16000 on the downside….
…..and Morgan Stanley continues to churn out Newer Reports and Newer Predictions ! ~ Damn the Old Ones ! and Move on to New Ones !…..Poor Investor Suckers continue to be influenced by such ludicrous Predictions and Reports often based on fancy and often outlandish concepts,believing that if one is Big one is Good ! ~ and with leading Stock Channels promoting such Reports and !@#$%^& who masquerade as Experts who create them ! it’s easy for Small Investors to become gullible and be seduced ~ Feel really Sad and Sorry for them as they get sucked in big time…this Blog is an effort to provide some sanity with a disclaimer that Investors must seek proper and professional Investment advice
Check out my Blog a year ago on this
Saturday…..time out is time in !…..IFEN address,parrots,squirrels and sparrows,Reliance and Insider Trading,Oil Subsidies,RBI Warning on Fiscal Deficit,Iron Ore Bubble, High Frequency Algorithimic Trading,Morgan Stanley an a Sensex of 30000 in 18 months……enough to ponder over this weekendSaturday, May 21st, 2011 Here is the Relevant Extract from My above Blog Post a year ago _______________________________________________________________________________
- Morgan Stanley releases a report predicting a Sensex of 30000 in 18 months based on the modified earnings yield gap approach…but says it will first go down in the next three months from 18000+ levels before bouncing back…ofcourse there are caveats too
Given Global and Domestic Macro concerns,I would reiterate that the Sensex will seek 16000 shortly….and I will not share Morgan Stanley’s model optimism that the Sensex will touch 30000 in 18 months…..I wish it does though !
In this Context also Check out my earlier blogs on What some of those who worked for Goldman Sachs have to say about their Ex Employer…Stunning Stuff
Saturday, March 17th, 2012“Quants were the eunuchs at the orgy”….loved this one from Antonio,ex Goldman Sachs! Monday, June 27th, 2011
Your Mind is Precious and is your Private Space ~ Use Discretion at both levels ~ when Inviting Investment Views & Forecasts & Opinions In ! ~ and When Accepting them ! ~ for you see Opinions are like Assh…s ~ every one has them ! ~ and as it seems the Big have Bigger ones !…as big as 30000!