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Stocks
SoS: Satyam Stopped Out, Staying Out for Results
Satyam’s recovered a lot and I’m moving it out of the Short Only Strategy – one contract, about 10 bucks as a loss, which is around 6,000 ...
Commentary
Gilt yields fall off the floor, prices near all time highs
I’ve been tracking the RBI’s Negotiated Dealing System all day today and it’s unbelievable. All G-Secs have risen HUGELY in price, from ...
Stocks
DSP-ML: All over Satyam
Satyam has hired DSP-ML to “look at available options to enhance shareholder value”. DSP will also review the composition of the remaining board ...
Economy
India makes dollars and loses rupees
The RBI weekly supplement for the week ended 26 Dec 08 shows that the forex reserves of the country is 254 billion dollars, up $3.6 billion from last week. And ...
Stocks
Satyam Director Mangalam Srinivasan Resigns
From ET: Mangalam Srinivasan, a US-based academic who has been a director on the board of India’s fourth-largest software exporter since July 1991, said ...
Economy
Inflation at 6.61%, going lower
Inflation has now reached 6.61% for the week ended Dec 6. It is likely to go lower, from reduced petrol prices, interest rate cuts and drop in global crude ...
General
News and Views and Malaria
Wife has malaria. Malaria is a bad bad thing. Do not get it. I am serious. And its worse when you’re a mom. As if childbirth wasn’t enough. This is ...
Commentary
China cuts rates again
China slashes rates again (Bloomberg): China cut interest rates for the fifth time in three months to support the world’s fourth-biggest economy after trade ...
Stocks
SoS Update: Early rollover, Stops, DLF out, Satyam in
The Short Only Strategy has done miserably this month, and I’ve made a few mistakes of not cutting positions earlier (though I did do well cutting HDIL) ...
Stocks