Capitalmind
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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 ...

ICICI CDS – how badly is it impacted?

So if ICICI has about 6,000 to 8,000 cr. of CDS exposure, of which a little was sold recently, are they going to be hit by Lehman’s bankruptcy and the ...

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 ...

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 ...

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 ...

ICICI sees pre-payments on home loans

ET: ICICI Home Loan Borrowers pre-pay ICICI Bank, the country’s second-largest mortgage lender, says it has witnessed a 15% jump in foreclosures following ...

SOS Trades: Rollovers and Put Close, +75K

For the Short Only Strategy, I’ve had to do some stuff: Rolled over ICICI Bank and Unitech over to the September Futures. Prices are way below, so the ...

Interviewed: Moneyoga's change of plans

Kamla Bhatt has interviewed me on our recent change in plans – to move to the new algorithmic trading concept. The point is not to predict; it’s to ...

SOS Update: +44K

I’m on a short vacation for the next three days so this is the weekly SOS update (the first, really). ICICI down to 640 levels, a profit of 21K on the 5L ...