Wednesday, September 24, 2008
Mindless game of oneupmanship
It is sad that the feud between Mukesh and Anil Ambani is reaching manic proportions with Anil threatening to sue his elder brother for defamation. They forget that no individual or corporate can afford to play such dangerous games. Shareholders are least interested in their gamesmanship. If their...
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Monday, September 22, 2008
Rally botched
News of the collapse of legendary investment banks in the US has hit equities across borders. Indian stocks were no exception and a promising rally was cut short as investors panicked. Short sellers cut loose to capitalise on the weak sentiment. Market regulators are keeping a close watch on short...
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Thursday, September 18, 2008
Stock broker commits suicide
I was pained to hear the news of a stock broker in Hyderabad, India committing suicide alongwith his wife and son. The markets, for the past week, have sunk to new lows for the current year. 2008 began with ominous signs. The booming primary market fizzled out and penny stocks were sent packing in...
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Sunday, September 7, 2008
Incorrigible day traders
Day trading is worse than day-dreaming. If you are a day trader, you are treading on thin ice. You tend to believe that you can outsmart the market 9 out of 10 times but reality is that you end up losing most of the time. Your cup of misery will always overflow and sooner rather than later you will...
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Churning your portfolio
Churning of your portfolio of shares is an art. This requires fine-tuning and can be optimised with experience. It pays to churn your portfolio but one must guard against overdoing it. Ideally, one should have stocks for regular trading. This can vary from 5 per cent to 50 per cent and above of your...
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