August 16, 2007

 

Business Headlines for Saturday

"Black Friday"
"Blood on the Street"
"Sensex's highest ever fall in a day"

Well, I'm not at good at predicting stock markets, but according to the Gods of stock investing nobody is, including themselves.

There is no harm if I go wrong. But, I'll earn few bragging rights if I'm right. I expect index to touch 10% lower circuit tomorrow, resulting into one hour shutdown of the market. BTW, my vocabulary is increasing nicely. Here are two words I added in last 18 months.

2006: Yen Carry trade.
2007: Subprime

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