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

A+| A| A-

Prophets of Doom Ignored

Prophets of Doom Ignored Nishtar STOCK markets have rolled further down and come quite close to the base of the mid-July offensive. Scared by their own shadow, bulls have been on the run hotly chased by bears. Bulls have still to find a haven where they could rest their weary limbs and nurse their wounds. Bears have not missed their chance and have fully exploited the opportunity provided by the ten-day settlement to speculate without having to pay any margins. The market has retraced a little more than one-third of the distance between the year's low in January and the subsequent high ic- corded in the first week of October. But it has still to regain its nerve.

To read the full text Login


To know more about our subscription offers Click Here.

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top