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Month: October 2008

4 / 5

Investing in a Bear Market

How does one think about investing in a bear market? Value suddenly becomes apparent. So apparent that you feel like everything is value. Value is ...

Iceland cracks, Mobius likes India, Ted Spread and more

There seems to be news all the time nowadays. Iceland now shuts down stock exchange for two days, and creates a new bank. This is a country in bad shape ...

Crash boom bang

What a day! My net connection was fried so I was over at Kaushik’s place watching the drama unfold. From an open 4% down, the index promptly went to a ...

Net back up – Going Long

Quick post to note: Markets are down some 6% and I am buying. I won’t say what right now, but I’m going long for what I think will be a 10% return. ...

Dow below 10,000

The Dow is currently trading below 10,000 – at 9,800, a level last seen in October 2004. In India, the Sensex went to the lows of September 2006. There ...

RBI Cuts CRR by 0.50%

Effective Oct 11, CRR Is down 0.5%, as per Eco Times. This won’t ease liquidity too much – that will only happen with a repo rate cut, and the RBI ...

SOS Trade: Cover 400 Nifty Call

I’ve decided to cover the Nifty 4100 call I wrote earlier in the Short Only Strategy. It’s now down to Rs. 28.3, from a sell point of 209, which is ...

Bailouts Everywhere

After Ireland and Greece, Germany guarantees all deposits (translation, bloomberg link) Iceland thinking of a $14 billion rescue (which for Iceland is a LOT of ...

Northgate recap: 50% down in 1.5 months

I had talked about Sustained Insider Selling in Northgate Technologies, on a post dated Aug 21. On that day the stock was at 290. The chart then: Look at where ...

Deposits flying to safety

The lure of guaranteed deposits is here. First, Ireland guarantees all deposits (upto 400 billion euros) at its banks. Then Greece butts in and says me too. ...