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* G * O * A * N * E * T **** C * L * A * S * S * I * F * I * E * D * S *
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On 19/06/06, Frederick Noronha <[EMAIL PROTECTED]> wrote:
For NRIs, investing in India akin to bungee jumping
(SPECIAL)
By Kul Bhushan
For NRIs, investing in the Indian market is akin to bungee jumping -
considering what has happened over the past few weeks.
An adventure sport, bungee jumping involves jumping from a high
platform with one end of an elastic cord attached to the ankles. When
the person jumps, the cord will stretch to take up the energy of the
fall - and the jumper will spar upwards as the cord snaps back. The
jumper oscillates up and down until the energy of the jump is
exhausted.
Comment: Known as a dead cat bounce! I'd say buyer beware (Caveat
emptor) - Sure you could make a load of money if the trend is really
up - better to be safe than sorry. Wait for the market to show itself!
--
DEV BOREM KORUM.
Gabe Menezes.
London, England
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