In your interest.
Online Personal Finance Magazine
No beating about the bush.
The market is struggling to find a path between growth and value
There is a French proverb that says: reculer, pour mieux sauter. It means step back for jumping farther. Is the market in that mode for the short term? In our previous issue, I had said the huge rally that we saw on 23 December 2009 completely obliterated the gathering bearishness of the previous weeks and that this kind of...
A new rally has started on the back of fresh foreign portfolio investment
In our previous issue, I had said, “We have turned neutral but expect a sharp decline soon.” On 11th December, at the time of writing that piece, the Sensex hit a high of 17,352 and immediately came under pressure. Over the next six trading days, it gave up as much as 800 points from that Friday’s high and it...
We have turned neutral but expect a sharp decline soon
In our previous issue, I had turned bearish with a caveat. I had said that “the price action towards the end of the fortnight (ending 27th November) has stirred us.
We now have a forecast: it is down. The headwinds are increasing.” However, it was an early signal and we needed a viable stop-loss. I had, therefore, asked: “What if we...