Comments on: Crisis of confidence? You must be joking!

By: Alan

Alan — Mon, 20 Oct 2008 20:27:22 +0000

the stock market is getting shady these days, with indexes going down and even big trading institutions losing hundreds of millions, so I wouldn’t buy my portfolio right now, neither would I sell anything I’ve got. Are we at the bottom? It’s impossible to know, usually nobody know the future, especially with stocks, but currently it’s even more less predictable. Better invest in gold.

By: Sitaram Agarwal

Sitaram Agarwal — Thu, 16 Oct 2008 07:39:23 +0000

The high SENSEX and strong INR was based on speculative buying by foreign investors. According to me both were overvalued. The decline in both is due to taking away investment in Sahres and Securities from India. Water finds its own level.

The financial crisis mainly in USA and partly in West European Countries was due to sub prime lending policy adopted by their bankers with the flush of cash investment with them available from oil producing countries from sales of oil at very high prices. The oil producing countries have limited scope for investment for development in their own countries.

Due this financial crisis the gold prices is going up and crude price is comming down.

The financial crsis all around the world is due to globalization of economy and it would mainly hit USA and West European Countries.

By: chinmaya

chinmaya — Wed, 15 Oct 2008 13:09:05 +0000

Its strange. When Congress came to power the share market was at around 6000 points, and now when it looks like the Party is over for Congress the share market is coming back from where it started in their tenure.

By: Arpit Agarwal

Arpit Agarwal — Wed, 15 Oct 2008 10:33:36 +0000

It was all the bad tactics of congress led government. In the time of BJP led government, the share market was stable.
The two world known economists failed to know the trend.They are more in the “American Effect”. In januray 2008, the market touched near to 21000 mark , it was an absolute illusion created by this government. I will never vote to congress.

By: Arpit Agarwal

Arpit Agarwal — Wed, 15 Oct 2008 09:35:12 +0000

Inspite of recession , PC says to investors : Do not hasitate byu shares. Do you know the meaning of this ?

“” Finance minister got mad. “

By: Amit Daga

Amit Daga — Wed, 15 Oct 2008 08:36:35 +0000

See its not about joke or some thing , seriusoly all just neglect the second part of rally mirror, and we are just facing the consicounses of greed , there no fear only greed and now no greed only fear hats of to market , it has to bounce back certainly after some hucks and chuks

By: R S

R S — Wed, 15 Oct 2008 06:42:44 +0000

The sad part of the entire story is that now days I even find it tough to laugh on those jokes. I pray either the market sinks to the lowest possible or rises to the highest imaginable. But this roller coaster ride ends!!

By: Tejinder

Tejinder — Tue, 14 Oct 2008 11:27:16 +0000

Madhu, I loved the 2nd joke posted by you.

Taking today’s situation in mind, I’d love to hire Finance Minister for 1 month with me from 09:30 A.M. to 3:30 P.M. and request him to give statements so that market can play See-Saw. These days market is moving up-down on some statements and not on reality, which itself is biggest joke.

By: arun

arun — Mon, 13 Oct 2008 17:08:28 +0000

I don’t think there is harm in putting money in 80C ELSS Tax saving fund (they have 3 years lockin period…)

By: VIMAL SHAH

VIMAL SHAH — Mon, 13 Oct 2008 15:10:22 +0000

Keeping In mind the current scenario of the financial market. It seems the worst is not over yet and investors who tend to always carried over by huge sensex rises like todays, should not be worried about missing the bottom. careful strategic investments are the need of the hour.