Monday, March 17, 2008

Coffee Break

Investor: Sir… You are following market for a long period. Tell me what's happening…

Stock Pandit: US is in recession, bcoz of which some loans of banks have gone bad. So., US market is very weak. All the other markets sneeze when US get cold. That's why.

Investor: hmmm… good time to buy now? The market has come down quite a bit.

Stock Pandit: Not really. Actually, it is quite complex. Interest rates are cut that's why commodities are going up and currencies are dropping. Hence, profitability would be affected. Huge panic in stock market, no one wants to buy stocks… kind of untouchable L;

Investor: So, u mean to say, whatever we do, we will end up in loss, huh? LLL

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