by Ramki | Nov 4, 2008 | GBP
You might have been saved by my previous post but believe me, the Pound still has the potential for significant wild moves in the next few sessions. Read the chart for the comments.
by Ramki | Nov 3, 2008 | Indian Stocks Trading
The Indian Central Bank has cut rates, and Reliance looks well bid. Should we buy Reliance here? My response is No. We will see another dip in this stock and let us look at it again at that time. If you have purchased this stock when it was around 1000, then you...
by Ramki | Nov 3, 2008 | US Stocks outlook
Some of you must have bought Citi when it was trading below $12. (see my post Let’s join the “Rescue Citi” effort! ) Sure I am looking for this stock to double in the medium term. But if you are like most traders who want to pocket some quick money, then be ready to...
by Ramki | Nov 3, 2008 | S&P500
What is the outlook for S&P500 once we get the US Presidential Election results? This is the question that most traders of US stocks and options have in their mind. Let me start with the assertion that we are still in a bear trend in the big picture. Bear market...
