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EWI Video Series: The Elliott Wave Crash Course
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EWI Video Series: The Elliott Wave Crash Course Time and again, we see that what financial news writers call causes, really aren't causes at all. You should steer clear of this misguided forecasting. Take part in the Elliott Wave Crash Course to learn the Why, What and How of the Elliott Wave Principle.... more »
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CHINA BULL
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Other than cash, gold, and a few select natural resource stocks, the only other investments I'd make in these wild and crazy times are in Chinese companies, buying them hand over fist for the long haul. Yes, that's right. Even bearing in mind the recent milk/melamine scandal, which is outrageous. [link]... more »
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Paul Schulte: What's Under The Hood
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FROM PAUL SCHULTE, OUR CHIEF REGIONAL STRATEGIST Counterparty risk has collapsed. Never mind that banks do not wish to lend for 1 or 2 or five years. The short term interbank market (for lending purposes of 1 to 9 months) has also collapsed. So, the Fed has intervened in a big way. In my lunchtime presentation of two weeks ago, I said the "Fed balance sheet needs to double!" Guess what? It went up 50% in 2 weeks. The Fed had to become the buyer of last resort in the interbank market and employed many different types of stealth payment systems.... more »
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UPDATE ICICI BANK
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New Delhi, Oct 12: Battered by rumours casting doubts about its financial health, ICICI Bank on Sunday received a shot in the arm with global rating agencies Moody's and S&P giving it a thumbs up saying its overseas arms have no significant sub-prime risks. "ICICI Bank's UK subsidiary has no high risk sub-prime securities and enjoys... more »
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PC: Indian finance minister's statement
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NEW DELHI, Oct 13 (Reuters) - India is working on more measures to improve liquidity and the country will respond swiftly depending on the needs of the situation, Finance Minister Palaniappan Chidambaram said on Monday. Following is the full text of Chidambaram's prepared statement: ------------------------------ ---------------------... more »
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Fwd:Any news from ICICI bank?
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Guys, Please dont funnel rumors as facts. It serves no one. Its harmful to everyone. Leave aside the performance of stock in the determination of whether the bank is in a bad shape or not. Their core business is in indian operations. Unless they see souring loans in the Indian market, i dont think they will face any problem.... more »
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LOSING FAITH----Brahma Chellaney
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*Hindustan Times* October 12, 2008 First Published: 22:05 IST(12/10/2008) Last Updated: 22:11 IST(12/10/2008) Losing faith The rising geopolitical risks have been underscored by the multiple crises the world confronts today — from a severe global credit crunch and financial tumult to serious energy and food challenges. Add to that the international... more »
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