11 replies to this topic

[kaiser soze]

SENSEX : 17544 after closing previously at 19043

[Russ]

Must be that Bradley Astro stuff at work.

[Bob-C]

SENSEX : 17544 after closing previously at 19043

Thanks for the heads-up kaiser soze. HSI is down 230 and N225 is down 318.

Cheers,

Bob-C

[Rogerdodger]

Just hit all time highs Monday.

[Bob-C]

SENSEX : 17544 after closing previously at 19043

Thanks for the heads-up kaiser soze. HSI is down 230 and N225 is down 318.

Cheers,

Bob-C

Hi everyone, the SPX, NDX, and INDU futures have pulled back sharply from their highs reached earlier.when IMHO, the SPX, NDX, and INDU futures' contracts were distributed and then sold short preparatory to their ensuing decline.

Cheers,

Bob-C

[youmast]

yep, my scenario for tomorrow should work just PERFECT! Be ready....

[nicolasillo]

yep, my scenario for tomorrow should work just PERFECT! Be ready....

what s your scenario for tom?

[...]

Read all about it in the Hindustan Times:

Minutes after the carnage at the bourses, Finance Minister P Chidambaram said on Wednesday that there was no plan to ban participatory notes (PNs), which are used by foreign institutional investors (FIIs) to represent overseas investors who are not registered with the Securities and Exchange Board of India (SEBI).

Chidambaram was speaking to reporters a day after the SEBI proposed in a paper that financial instruments such as PNs would be phased out over a period of time.

The 30-share index, which reached a life-time high this week, crashed after the SEBI put up its suggestion late on Tuesday evening.

The PNs are said be behind the hugh surge in foreign inflows, which caused the latest market rally. "The steps taken by SEBI are in the right direction," the minister said.

Meanwhile, Sensex and Nifty recovered marginally, after it crashed to an unprecedented low by 1743 points forcing the BSE to halt trading, after Finance Minister P Chidambaram's statement.

The BSE Sensex recovered nearly 1,000 points around noon after trading resumed following an hour long suspension. The National Stock Exchange's wide-based Nifty also recovered but was down 4.70 per cent at 5,401.45 points in the reopened session.

http://www.hindustan... to ban P-notes

Durn furriners.

All aboard for the next leg up.



YM now +60, ES +9, NQ +18

So much for the crash.

[redfoliage2]

Asian stock markets recovered:

http://www.allstocks...ck_markets.html

[TTHQ Staff]

I find it VERY telling that Yahoo.com has NOTHING about this ANYWHERE. The powers that be want the market to go up. Apparently they'll go to any lengths to hide negative news. Even on Reuters, the news is hidden in the London section. Beware what the media tells you-- or doesn't tell you. Scary, actually.