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20th August, 2008

Remember, the NSG will meet on Thursday

As the Nuclear Supplier Group meets on Thursday to decide on India specific nulcear safegaurds, we should be prepared for a sudden euphoric rally in the market. Now, the understanding

19th August, 2008

Market Watch: Late Afternoon Rally

The Nifty remained under pressure throughout the day, then suddenly August futures surged from a low of 4331 to reach 4410 - a gain of 80 points in about 60

18th August, 2008

Support, Also the Possibility of a Breakdown

The Short term trend is down. Today was a narrow range day. This suggests uncertainty in the minds of market participants. Soon, this uncertainty will end as either the bulls

17th August, 2008

Stephen Roach on The Bubble

Stephen Roach, earlier the chief economist with Morgan Stanley, now head of its Asia operations says: No economy can live beyond its means in perpetuity. Yet....the US thought it was

15th August, 2008

Nifty: Friday evening review

This entry is written at 8:40 PM on Friday (the date stamp should confirm this), without the benefit of hindsight. This means that US markets are still trading, and, we