Rishikesh wrote: >>>> Kindly let readers know your qualifications and credentials - if >>>> you are professionally qualified.
> Really sorry about, I should have posted a disclaimer. I am not having > any professional credentials re stock markets but I am a investor for > about 3 years now. Rishikesh, There is nothing to be sorry about. Those with 'professional credentials' trading in the stock market do not have any more insight to the vulgarities of the market than those who have not sat for the exams. That is why we now have thousands recently unemployed brokers. I few days ago they thought they has secure jobs at the major US brokerage houses. This morning, The United Socialist States of America, formerly known as the USA, came up with new regulations that bans the selling of stocks of 800 financial companies! Last week, the USSA nationalized insurance companies. The concept of lowering taxes, printing more money and borrowing to spend abroad, has a price. Those with money in the markets are now paying that price. The only govt that has printed more money than the current USSA adm has been the "Weimar Republic." BTW, you are right about gold. The liquidity the USSA has been forced to inject into its markets will have only one long term result. INFLATION. Mervyn3.0 On an "Question Everything Moment" a local paper today pointed out that when Manchester United plays Newcastle in the English Premier League, the match will essentially be USSA tax payers verses UK taxpayers. Manchester United is sponsored by the USSA govt owned AIG and Newcastle is sponsored by Northern Rock now owned by the UK Govt. Can you think or a more excellent way to waste taxpayers money? __________________________________________________________________ Looking for the perfect gift? Give the gift of Flickr! http://www.flickr.com/gift/