A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 »
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 …
US Financial Advisor,Louis Navellier warns of further trauma and pain and bankruptcies. The US $ 700 billion Government bail-out plan for the USA Financial System scarily reveals that there’s no other alternative ! The hole according to US Advisor,Louis Navellier is US $ 41 Trillion…This is how he compiles this figure “Here’s The Truth Fannie and …
US Financial Advisor Louis Navellier…The Worst is Yet to Come Read More »
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 …
Time for Vulture Investment ?….Generally Not Yet…but maybe in a few scrips Equities are nearly dead…not dead yet….so all of us Vulture Investors can wait atop nearby trees or keep encircling above till we spot no sign of equity life….then dive in as scavengers picking up scrips when they fall to lifeless prices…Sesa Goa had …
Time for Vulture Investment ?…Generally Not Yet…but maybe in a few scrips Read More »
Hi Rakesh Jhunjhunwala (RJ)…just caught you on the CNBC Interview on “Wealth Creators”…you’ve now acheived a cult and icon status with your investments in midcaps coming good and how ! Titan,Matrix Labs,Nagarjuna Construction,Mcdowell Group,Crisil…..your gains from these are now legendary….Remarkably the billions have not been made in Core Scrips like BHEL,Reliance or Larsen…but in relatively smaller scrips …