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Commentary

Lehman Bankrupt, Employees in India leaving

Lehman Brothers is Bankrupt. After Barclays dropped out and Bank Of America went to Merrill Lynch, Lehman had nothing available on the table so it filed. In ...
Premium Portfolio

Strangle Strategy – 50% gain on a low frequency system

I wrote about a Straddle/Strangle strategy in the early part of the month, saying that if the spread narrowed I would pick it up, because we were ripe for a ...
Commentary

It Just Got Worse: LEH down, MER bought out, AIG nearly gone

Ok this is as crazy as it gets. Please wear your seat belts. Lehman at land’s end, will likely file bankruptcy. BoA and Barclays have quit talks to buy. ...
General

The Delhi Blasts

As you would have heard, there have been five bomb blasts in Delhi. My deepest condolences to the victim’s families. Words cannot describe the outrage I ...
Commentary

Lehman On The Hot Seat

Lehman Brothers is the Hot Topic of Discussion Today at the Fed/Treasury in the US. Shall we cut it, break it, fold it or let it die? The question is no longer ...
Charts & Analysis

SOS Trade: Short JPAssociates, Nifty, plus Update

In my Short Only strategy I would choose to now short the Nifty. Yes, I should have kept it on from the beginning, but these are things only viable in ...
Commentary

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 ...
Commentary

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 ...
General

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 ...
General

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 ...