Excerpts from Anagram's Daily call - 30th Sep 2008: ==============================================
Anagram's Daily call : The markets are likely to see on of their worst point falls in history, ......... when evey other brokerage looks at the Singapore Nifty and tells how markets are likey to open our thoughts have helped the cause of many investors to lighten their commitments at a rate when there was no turmoil. ......Unless the congress decides to re convene for the vote................. Gun for 3550, then 3328 in the Nifty .... <<<< end of anagram's call>>>>>>> My comments : After all the above "warnings" Nifty is at approx ... 3800 ... 3825 .... 3850 .... !!! Well....Well....Well.... today seems to be a BEAR TRAP ??? or is it too early to say ? ----------------------------------------------------------------------------- Important Note : Reports, News items or other items posted by me are NOT to be construed as Investment Advise. Please contact a certified investment specialist and make your own due diligence before investing money. ----------------------------------------------------------------------------- ---- Regards Subu ----- Original Message ---- From: ekam ber <[EMAIL PROTECTED]> To: "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; [EMAIL PROTECTED]; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>; "[email protected]" <[email protected]>; "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> Sent: Tuesday, September 30, 2008 8:33:03 AM Subject: *Researchreports* Anagram's Daily Call:30/09/2008 VIEW POINT: HERE COMES THE MOTHER OF ALL FALLS The markets are likely to see one of their worst point falls in history, as the bail out package was rejected by the Congress. While we don't need to re-establish our credentials of being forthright, brave and very clear in our thoughts on the markets, we had taken a very dim view of the package yesterday by saying that it was 'too little - too late'. When just about every other brokerage looks at the Singapore Nifty and tells, how markets are likely to open, our thoughts helped the cause of many investors to lighten their commitments at a rate when there was no turmoil. Unless the Congress decides to reconvene for the vote, there is no way in which the Humpty-Dumpty can be put on the wall again. Meanwhile this will now set in the real capitulation that our markets were waiting for. This in turn would mean that margin calls may put further pressure on stock values. If the regulators increase the margin requirement for short sales to 100%, as was rumoured yesterday, it may lead to small respite, nothing more. Besides, there are no shorts in the US system, courtesy the ban, which would have come and supported the markets at lower levels by short covering. Gun for first 3550, then 3328 in the Nifty. -- ekamber --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
