ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Empty Threats

Thriving on Starvation Diet Nishtar STOCK markets have taken another bag leap forward in their journey to a destination unknown. The 1969 high has been left far behind. Where the new spirit of adventure will carry them is anybody's guess, There is no really dependable norm for evaluating equity prices. Factors, tangible and intangible which go into the making of a demand sup- ply equation are far too many and they do not easily lend themselves to analysis. It is impossible to quantify the impact of various influences at work at any given time or even over a period of time. Since sentiment knows no logic, changes in market psychology are difficult to predict.

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