Tuesday 4 November 2008
From Morgan stanley
..."Sentiment was boosted by a note from Morgan Stanley strategist Teun Draaisma who opined that “the severe part of the bear market is over, that there is value, but probably no hurry.” Draaisma abandoned his previously bearish stance after four main market indicators - valuation, capitulation, risk, and fundamentals - all came up as "buy" signals. "
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1 comment:
What I think is markets have a limited downside from now .
On the worst we may see 25% downfall from current levels not more than that. Indian stock market will give fast pull back.
Good Stocks such as
Unitech and Suzlon can be accumulated now.
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