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Crude, DOW and Experts can CRACK! (22) 08-Jul-08 08:27

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Posted by: bhusbhac on ( 08-Jul-08 08:27 )	Rating
Price : BSE: Rs 2028.15 ( -3.38 % ), NSE: Rs. 2028.20 ( -3.32 % )
Speculative Forces! Crude shows sign of cracking. Last night crude was over US$ 5 down at some stages. So just like we have faced a tough time in our stock markets similarly investors in crude could very well crack. FII outflows from Asian markets found their way to crude, other commodities and DOW. All these markets are showing signs of cracking. Just as it happened on the way down experts can prove horribly wrong in predicting crude at US$ 150 - US$ - 200 - US$ 400. Maybe the Indian Nuclear Deal if it goes through was not in the equation. The world could very well go nuclear over a period of time. FII experts have opined that USA Markets had become more attractive than Asian markets. US markets have certainly eroded the FII wealth. FIIs seem to have made bigger blunders as time will tell chasing stocks in a market with hugely mismanaged financial services. Problems with FIIs whoever they are collectively is the same as British Imperialism days where they think they are the Kings of Destiny and are heading for the same logical conclusion. Ruin for most kingly for some. There is really no substituition for hardwork. Just as in our British past who left us a great inherritance similarly the FIIs have left us with a greater inherritance with strong companies of the future. We have taken over siz decades to come up with the British inherritance that we had and lost opportunites we did not capitalise on. All we need is six days from now to take over leadership and control and forget the FIIs for leading us in the future. STRONG ADVICE - Dont sell cheap because of these speculators and manipulators. Don\\`t listen to these FII experts who are misleading us. Just hold on to your horses and REAP!

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