Sunday, October 19, 2008

Take a bow !!! Our September 1st BEAR CALL on the Indian Stock Market - SPOT ON !!!

We were perhaps one of the biggest contrarions on September 1st, 2008 and perhaps the motley few who could accurately read the BEAR TREND in the market well ahead of most. Reliance Industries is currently at Rs.1,306 (down 39% from Rs.2,136 on August 31) and the Bombay Sensex at 9,975 (down 32% from 14,565 on August 31). Approx. 4,600 points have got wiped off the Sensex in only 6 weeks since our prediction led by heavy-weights like Reliance Industries.

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