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Month: September 2008

5 / 6

Switch off your TV, Stop Buying Papers, Say Real Estate Developers

Talk about ostriches with their heads in the sand. From DNA: “Journalists are blowing up the issue (of real estate slowdown) to become hot journalists ...

LEH down 40%, WM down 20%, Life is Not Good

Lehman Brothers is down 40% today, and was down yesterday too. Washington Mutual is a big bank and looks like it’s got some serious problems, being down ...

The Falling Rupee and the FCCB problem

Given the Rupee-Dollar is now at 45.5 or something obscene, it brings one to think about what might happen. Exporters benefit by getting more rupees. One ...

Paulson decides the fate of FRE/FNM: Conservatorship

So Freddie Mac and Fannie Mae have been “converved” – or whatever it takes to be in a conservatorship. Some of my notes, from Paulson’s ...

Freddie Mac. Fannie Mae to be taken over, by the Treasury

The U.S. treasury is likely to take over Freddie Mac and Fannie Mae: Under the plan, which could prompt one of the most sweeping government interventions in ...

SOS Update: +30K but big rally takes away profit

Here’s the latest on the Short Only Strategy: (Click for current status) A huge rally this week took the current position to a mark to market loss, but ...

US Markets down 3%, but don't panic

The DOW is down 3%, or 344 points, in a pretty lousy day. The rupee is trading at 44.55 and looking weak. Inflation was declared at 12.34% – a very high ...

Update: Ranbaxy up 3%

So since my last post, Ranbaxy’s September future has scaled up to 414, a 3% increase. I’m still holding; it seems to have some steam left. ...

Is Haath De, Us Haath Le

Remember when the government decided to up employee salaries by some 20%, and even back date it? Well, it turns out they’re going to get this ...

Ranbaxy: A very short term buy?

Ranbaxy has this open offer that’s ending on Thursday. Tomorrow is a holiday, and delivery is T+2, so the last trade for the open offer would have been ...