Friday, October 24, 2008

BLACK FRIDAY

Not much to say except total abject, surrender & capituation..heading towards a frenzied end.. No one thought we will come this far so fast..Support after support went crashing down..As there are only seller and no buyers , something dramatic will have to be done by GOVERMENTS to stem this rot. we are below the june'06, levels today , Prices at much more lower than at those levels ..Bad end to this SAMVAT..This is despodency at its peak..Take care ..cheers

2 comments:

Sunil Saranjame said...

Hi

No,that would be a mistake.There must not be any Govt. intervention in any free market.Did they do it when the market was going up?

I think ckt brkrs are good but certainly ot a ban on short sales.

ss :)

RAJAN BHATIA said...

hi, SS , totally agree with you, it vreates seriuos nonsense for paerticipants who get caught in fake moves..but still all and subdry in govts. take it on thmselves to father any problem..lets see what happens around 15th nov...cheers