Showing posts with label Trading. Show all posts
Showing posts with label Trading. Show all posts

Friday, October 17, 2008

Right time to embark on "TRADING"!!

"Be fearful when others are greedy, and be greedy when others are fearful," Buffett .

Economic news is scaring,  with the financial markets are in a mess, raising unemployment figures and faltering of business activities , everywhere pessimism and fear component is at its helm among the investment community.  Taking cue from Buffett, the smart young lad has entered into the market purely with greedy and took a position on a scrip which recently got the beating at bourses purely to have a feel of market.   Let us wish him the "Vibrant experience!!".

Comments are encouraged!!

Mild Thunder!!

We are at the end of the crucial week which saw greater turbulance in the financial markets in the early phase. But towards the end, it looks like we are approaching the normalcy.  As noted by Mr Kamath, ICICI is heading towards normalcy and now focus has shifted from ICICI and Reliance com to RIL and TCS , the scrips of which were bashed at the boarses. The present normalcy may be attributed to the Indian central bank efforts to fight the liquidity crunch by slashing the CRR by 250 basis points and the special window offered to the MF.  These measures also accompanied by the Ministry of Finance release of long standing refinance of loan weavers amounting to Rs 25000 crores into the system.  These measures eased the liquidity situation and brought down the inter bank call rate to 6.9%.  

Given the positive surge set in yesturday all over the global markets, our markets are expected to open positively and hope mild upward surge!!

Comments are encouraged!!