Tuesday, April 01, 2008
I learnt today that the stock market in the US will be diving along its nose in the next three days. I heard this from a reliable source. Some Indian guy who was sitting in the table next to mine in the restaurant. He looked like a stockbroker because he had hair parted in the middle even though he was bald. That takes a devil-may care attitude which embodies a typical stockbroker. Perhaps you should heed his advice and start selling off your portfolio starting today afternoon like he was and no, I don't want any stocks. But don't do it all at once. We do not want the market to collapse. At least, not yet. I will let you know when it is the proper time. The tandoori chicken was delicious.