I dont know much about stock market, although with the advent of more and more business channels in my cable is forcing me to go through more business channels and there by, now i think i am learning some business after all. I know that is an exageration. Anyway, here is some of the catches i took while surfing through my cable channels lately.
news 1. The financial situation in US is very bleak. Two companies namely Fannie Mae and Freddie mac are sitting tight with empty vallets. There are rumours of Government walking in, making them nationalised. The people on the news say a nationalisation of those 2 FMs will be disastrous for the economy. Why ? I dont know.
I dont know why they say economical situation is bleak, after all, all I see is US dollar gaining strength in every section of trade. Maybe economic situation has nothing to do with strength in dollar. Certain groups of companies like to dollar getting strength – some of those are Indian Software gainst who sell their products in US.
Another thing I dong understand is why is world markets following US markets, even when they all say that US’ economic situation is very bleak. My opinion about making money in the stock market is like this. One got to be very nimble, so nimble that he should be able to pick-pocket the smarterst pick-pocketer in the street because making gain in stock market is exactly like robbing a rober.
well..that is my small knowledge about stock market !
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