by Ramki | Aug 19, 2009 | India
Repeated tests of a support line makes that level important in the big picture. So far, the Indian benchmark Sensex has managed to hold above the support line shown in the chart. However, if we get a break of that, then technical selling will take the index down to...
by Ramki | Aug 16, 2009 | Nasdaq
Have you kicked yourself for having missed the superb rally of the 1990s in Nasdaq? More likely you have kicked yourself for buying stocks on the way down, only to see it go even lower! Ditto for the rally between 2003-2008 and the collapse that followed. What are we...
by Ramki | Aug 16, 2009 | India
Sure, India now has a stable government in place. But listen up, folks. Are we not getting ahead a bit too soon too far? After all, the news from the weather man has been anything but exciting, with a failed monsson. Add to that the swine flu problem, not to mention...
by Ramki | Aug 16, 2009 | Kuwait stocks
Anyone who has been investing in Kuwait would have heard of the travails of Gulf Bank in recent times. Perhaps one should view the moves after it started trading again in April 2009 as a new stock. The attached chart gives you an elliott wave analysis persperctive of...
by Ramki | Aug 16, 2009 | Kuwait stocks
There has been a lot of chatter in the market about a possible offer from overseas for a large chunk of ZAIN, the premier telecom company based in Kuwait. So I decided to provide a quick technical update on this stock. As you will observe, Zain is trading close to a...
