Tuesday, January 22, 2008

The Panic of 2008

It would be easy to say hey! we predicted this fall. (actually we were ready for it with a lot of nifty puts but that is another story!)

Right now the chicken has come to roost. The nifty is at 4578, markets closed and the 6200+ days look like a dream. Time to talk about the market again. But later let me go checkout the scene on the streets for now.

Wonder how it feels to be holding those penny stocks and mid cap wonders of just a week back. The amazing thing is the "investor" is alwasy the sucker!

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