Thursday, February 15, 2007
Stock update 16 Feb 2007
There is increasing disillusionment with reality stocks, and more advice is now coming to lock-out gains made in these stocks. I am somewhat of a mixed mind on this; after all, interest rates are going up, and these will make home loans more expensive, and depress demand. But with higher growth rates, demand for housing will only keep on increasing. And, sentiment in today's market does not necessary mean anything, since sentiment can quite literally turn around in a couple of days of trading.
I am pretty much done with hotel stocks for now, there have been long periods of no change, and my patience has come to an end.
Stocks that I am currently tracking:
1. Indiabulls - Rs. 422
2. Yes Bank - Rs. 150
3. Northgate - Rs. 1000
4. Infosys - Rs. 2410
5. Trigyn Technologies - Rs. 31.45
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