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General
ICICI: $200 million Mark to Market?
From DNA: ICICI to take $200 million MTM hit pegs MTM losses on the bank’s UK books at around $200 million. The recent 100 basis points widening in spreads ...
Stocks
Another Strangle: 38% this time
Continuing a strangle strategy: A strangle bought two days ago – when the index was near 4100, a figure too close to comfort from the 4210 closing last ...
Stocks
Action Packed Day – the 17th of September
What a day. Please read Kaushik’s post for an update. A summary: Dow down 350. S&P down some 3.5%. FTSE down 5.2% AIG down 45% to $2, but ...
General
Karachi's Floor: Market Suicide
Look at this link: http://www.kse.com.pk/kse4/phps/kmi30idx.php It’s the list of top 30 companies on the KSE – equivalent to the constituents of ...
Commentary
Russian Markets Halted…Twice in Two Days
Bloomberg: Russian Markets Halted The ruble-denominated Micex Stock Exchange suspended trading indefinitely at 12:10 p.m. after its index erased a 7.6 percent ...
Commentary
SEC gets tough on naked short sales, finally
The SEC has said – short sellers, get your shares ready. Short sellers and their broker dealers are now required to deliver securities by the close of ...
Commentary
USSR is back
A day without an internet connection and look what happens. First, my Reliance WiMax gives up on me and, as it turns out, the entire lot using that tower, ...
Charts & Analysis
Outperformance By Hanging Around
Yesterday we decided not to trade the system. We’d found that when the market had gapped and was in some direction by over 4% – then we found that ...
Charts & Analysis
Bid/Ask has changed…
Dow down 500 points, nearly 5%. Korea down 6%, Taiwan down 4%, Shanghai 5%, Hang Seng 5%. The capital market world is coming to an end. Or so it seems. Too ...
General