This is what we wrote on 30 Aug 2008. The EURUSD was at 1.48. “Though immediate targets for Dollar lie near 1.45 levels (EURO-USD), we are anticipating a multi month of strengthening back to January 2005 levels sub 1.4. This means that our case of commodity weakness and multi month of global equity reprieve starting […]
Shorting sugar really or metaphorically is possible and healthy. My wife kept us off excess sugar. We stopped ‘juicing’ (drinking sweetened beverages) a few years back, stopped putting loads of sugar tea spoons in our regular cup of coffee or tea and learnt to share a chocolate bar in a week. Can you believe that? […]
Absolutely speaking India is in trading range for 2 more years, relatively speaking it’s time to shift allocations. It’s the time of the year, where we account for what we got right and where we were off mark. This is what we said in our annual outlook in Jan 2009 and what happened. […]
It is not easy going against Niall Ferguson. Actually he went against us. We are looking at the dollar moving to a strengthening case back to at least 1.4 before anything and here comes the guru on CNN. We respect him, but we won’t drop our preferred negative view. Moreover, this is not the first […]
Just like performance cycles, time triads are the basis for numeric ranking. Are you upset that you bought HDFC Bank when SBI moved up, you bought Caterpillar but GE delivered, in March 2009 low you put your bets on Nifty but the CNX IT outperformed blue chips by 40 per cent. That was for buyers; […]
Any up leg on Indian Rupee should not push above 53 after which the currency should fall to 30. The weakness till 53 should not extend beyond the OCT – NOV seasonally low periods for equity. The 30 leg should last atleast till late 2010. Despite the large Rupee strengthening we are still not ruling […]
The first rule of investment psychology is that mastering the market is easier than mastering yourself. Behaviorologists put it differently. They say that if a majority cannot do it, then beating the market is an illusion. The subject has merit, but the gurus are still busy highlighting how flawed conventional technical and fundamental research is […]
Pe data de 14 aprilie am zis urmatoarele: “BETFI se pregateste de o intoarcere. Ce ar fi daca ceasul pe care il purtam masoara timpul in mod incorect? Ce ar fi daca timpul nu inseamna doar egalitate? Dar daca timpul este un tipar care stapaneste totul? Pentru noi la Orpheus, timpul este matematic, un tipar […]
This is what we said on 14 JAN. “We are betting on a turn here. CNXIT has also shown a move up in ranks in performance over periods of 6 months, 3 months and 1 month. It has come from a negative of -38.16% over 6 months to a positive move of 3.47% over the […]