Monday, June 23, 2008

Ups and downs in the market

Book Value
India Chalo
Brij Raj Singh
(http://www.landmarkonthenet.com/)

Market wisdom

What you are buying is important but it is more important at what value you are buying. This is a piece of RJ (Rakesh Jhunjhunwala) gyan that Brij Raj Singh quotes in ‘India Chalo’. “I asked him how long he thought this madness was going to last? He replied that volatility would remain but that the market was going to reach 50,000 in the near future,” the author narrates.

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