by Ramki | Oct 20, 2008 | Kuwait
The Kuwait Stock Index is approaching some short term objectives between 10500 and 10760. Expect a recovery to around 11500 as a first step, and later on to 12200. It is likely that this move will not be a simple and straight move as there are many badly bruised...
by Ramki | Oct 16, 2008 | US Stocks outlook
The market gives some subtle clues to the alert investor of an impending bottom. One such clue is a diagonal triangle at the bottom of a fifth wave. Citi has come a long way from $40 where I had recommended you to sell. Now it is time to make a medium term investment....
by Ramki | Oct 15, 2008 | Dubai
Back in January 2008, Dubai’s main stock index, DFMGI, was at 6320. Last week it traded at a low of 2991, a loss of over 50%. Investors have been badly hit. After the regulators announced several concessions and guarantees, we saw a smart rebound that lasted exactly...
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 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...
