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Just Shoot Me

Bala, 28, Gordon Gekko in the making, pseudo-intellectual, cynic, bibliophile, obsessive compulsive ranter...

Our day will come

February 27, 2007

The Bear God's vengeful glare fell on the Chinese today and the Shangai composite got hammered about 9%. For all the indian bulls, this is a warning for the day of reckoning is coming. Personally, i don't think the fall is going to be as brutal as the one in May 2006, but it will be quite prolonged and broadbased. For two years now, everyone and his grand mother has been making money by buying stocks and the law of gravity is bound to catch up.


posted by Bala, 6:20 PM


Hmm, I am still bullish on core sectors. There will be Atlanta like stories, but overall I think the market will bounce back
commented by Blogger Chenthil, 2:45 PM  

i feel all equity markets in the world are overvalued (blame it on the sea of liquidity we are swimming in). With valuations not quite reaching "the twilight zone" (as in 2000 or 1986) but still discounting two years forward earnings, we are bound to fall or atleast stay at the same level(while swinging all over the place)
commented by Blogger Bala, 8:49 PM  

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