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SUB PRIME
by pratik shah on Feb 06, 2008 09:24 PM

Now it is clear that market is only driven by liquidity no fundamental plays its role. I agree with writer these all so called FIIS' bring their money and invest in equities all over world and buy any stock at any price and when they need money they sell any stock at any price whether making money or not doesnt matter. These people are not intelligent they just play money game nothing else. These all people collect money from their various investments lying in emerging markets and first clear their balancesheet and then after if money remain or they garner any new flow again start deploying money to emerging markets so be ready if they dire need of money you will get ant stock at any price there will 50% 70% sale and if they manage to make their account clear without selling more market will go up again..... So one thing is clear fundamental has no importance in atleast our market bcz our market is mainly driven by FIIS they are trend setters and we have no choice.

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The above message is part of the Discussion Board:
Subprime pain: Who lost how much