Return of the Bulls

It has been a while since our last post. A lot has happened and continues to happen.

But one positive, if you are a bull! is that the markets are making a firm start to 2012. Today the Nifty ended firmly above 5500, nicely in the hands of the bulls.

Our trading has been on and off due to too many technical reasons to name. Hopefully, that is behind us and 2012 will be a memorable year.

Join us as we journey to new levels of trading. Watch out for new offers and services.

Also, more frequent updates to our blog.

Till the next post.

Go long and enjoy the new bull run.

Buffetts Tech Bet

The “Oracle of Omaha” changed his mind on technology investments with a huge $11 billion ( 5.5 percent ) stake in IBM.

This is an amazing bet just for the reason that Buffett has always maintained that he does not understand technology based businesses.

This could be a sign of changing times and Buffett is not one who’s investment idea can be taken lightly.

The main reason could be that IBM is not strictly a technology bet. To quote Buffett

"It's a company that helps IT departments do their job better. It is a big deal for a big company to change auditors, change law firms" or to switch to a new technology vendor”

We could say its a bet not on the technological aspect of IBM but on its services side.

Only time will tell how this investment works out.

The lesson we can take from this great investors move is that there is a time when it pays to change your mind!