Promod Radhakrishnan

My 2008 Investment Prognosis

KO, PG, JNJ, MO are all long-term bets over a 6-12 month period of sustained slowdown...its an old theory, where non-cyclicals do well in periods of down turns. GG might see intermittent spikes, but depending on your view on commodities over the next 2-3 quarters (I am bearish to neutral), it would correct. Eitherway, its going to be a very volatile ride for folks holding Newmont, Goldcorp etc.