by Ramki | Oct 14, 2008 | Kuwait
While the stock markets in the rest of the GCC have surged in tandem with the rest of the world, one might wonder why the moves in Kuwait are so hesitant. One reason could be that Kuwait did not witness a carnage like the rest of the world did. Its declines were more...
by Ramki | Oct 13, 2008 | US Stocks outlook
I read this very engrossing story in Fortune and decided to look up that stock. Interesting to see that it has closed near the day’s high on Friday and on volume not seen the whole week. We know Warren Buffett has invested some decent money. Should we also throw in...
by Ramki | Oct 13, 2008 | Jpy
Sooner or later we are going to get a corrective bounce in USD/YEN. But the downtrend is still strong and we should be willing to try shorts at key levels. If we surge higher today, then you can sell above 101.70 with stops at 101.88. If the move happens tomorrow,...
by Ramki | Oct 12, 2008 | Gold
Sometimes we celebrate too soon. I could be faulted for that vanity quite soon. But the signs are all there. A recovery to very near the resistance at $940 followed by a $90 drop in a single session can only suggest that (a) there are no fresh buyers out there and (b)...
by Ramki | Oct 12, 2008 | Indian Stocks Trading
Can India be immune to what is happening elsewhere in the world? The answer is a resounding no. Last week the benchmark index or the “Sensitive Index of the Bombay Stock Exchange” crashed to 10,239. bloodbath This level is about 2,000 points below my target for the...
