Seeking Alpha


Send Message
View as an RSS Feed
View prateek0284's Comments BY TICKER:
Latest  |  Highest rated
  • S&P 500 - Target 2000: The Wheels Are About To Come Off [View article]
    hi it has been a long time since you shared your thoughts about the market. We have been stuck at @1850's for quite some time. Do you expect the market to consolidate or correct in the near future... Looking forward to more interesting articles and market insights from you.
    Apr 16 01:26 AM | Likes Like |Link to Comment
  • President Obama: Don't Kill The Golden Goose [View article]
    All said and done, i have bought gold and silver too when it 18$ in international markets as its in demand zone on the monthly charts so lets hope for the best.

    And India will keep consuming gold no matter what the government does or says as its considered auspicious. In any wedding gold ornament form atleast 35% of the expense. So as long as we keep getting married, we will keep buying gold.
    Jul 5 01:27 PM | Likes Like |Link to Comment
  • President Obama: Don't Kill The Golden Goose [View article]
    People here in India are getting a little nervous but you need to understand ppl here dont buy gold in paper form. They buy jewellery, or physical which they wont sell unless absolutely necessary.

    2nd thing is that most of the gold is bought in cash ( Black money ) so its a way of parking your cash plus you get some returns.

    As far as my reading goes it will be business as usual for Indians although the government is trying its best to curb gold imports by imposing a 8% duty. Which basically means they are creating an opportunity for smuggling. What they are trying to tell is that guys we dont care about what you do with your black money, just dont use the money in the banks to buy gold. Reserve Bank has already instructed the banks in india to not sell gold coins to their clients and the GOLD ETFs have been asked not to take any fresh investment.
    Jul 5 01:24 PM | Likes Like |Link to Comment
  • Stampede indeed: $61B exited fixed-income investments (AGG, BND) in June, estimates TrimTabs, storming past the previous record of $41B at the height of the financial crisis in October 2008. Pimco's giant Total Return Fund (the ETF version isBOND) is seeing outflows as it puts in one of its worst performances ever. The last time the fund saw money leaving was late 2011, just ahead of 2012's plunge in yields. [View news story]
    it looks like the talk of taper is going to cause the great rotation.. When the Fed could not get people to shift by talking, they decided to give them a taste of what a disorderly exit looks like
    Jun 26 11:33 AM | 2 Likes Like |Link to Comment
  • President Obama: Don't Kill The Golden Goose [View article]
    i believe you meant right.. As for why am i looking at low 1400's we haven't had a correction for a long long time in the market. The SPX on the monthly had pierced the upper bollinger band which normally is a sign of a rally which has gone too far too fast. Come to think of it we haven't had a sizeable correction since last may which means one full years of gains. People are leveraged beyond their means and an unruly exit can become a stampede in no time.

    And finally who doesn't want wholesale prices!! A fall to 1420 from 1685 will mean a correction of 15% which will purge the markets of the weak hands and allow people to buy good companies at fair price. I am betting on a healthy America leading the world out of the economic malaise we find ourselves in
    Jun 20 01:01 PM | Likes Like |Link to Comment
  • President Obama: Don't Kill The Golden Goose [View article]
    thanks a lot for the explanation.. i am looking at low 1400 as the potential bottom. By that level hopefully the markets would realize that FED is not curtailing QE because the situation is out of its hand but because it feels that the patient is fit to be discharged from the ICU and did well enough to survive without life support.
    Jun 20 11:35 AM | Likes Like |Link to Comment
  • President Obama: Don't Kill The Golden Goose [View article]
    Hi looks like the air pocket you talked about is still there..what was the region you were looking at when u decided to exit @1634
    Jun 20 05:42 AM | Likes Like |Link to Comment
  • 5 Inflation Fighters Set To Fly [View article]
    hey phil

    another great article.. i agree with brentiaz.. phil is one writer who i look forward to reading every day... simple crisp advise with no " do this if this happens but be wary of that while doing this " plain simple advise with no pretense or excuses.. of course ppl go wrong and so does phil..
    keep up the good job phil..
    Apr 22 01:01 AM | 1 Like Like |Link to Comment
  • 5 Trade Ideas That Can Make 500% In An Up Market [View article]
    hey phillip

    a very naive question but how can we be down 50k on a 25k portfolio...
    Apr 15 12:34 AM | Likes Like |Link to Comment
  • U.S. stock futures point slightly higher as investors prepare for this month's non-farm payroll report with an air of optimism. S&P +0.3%, Dow +0.3%[View news story]
    oh that is gods work indeed u just need to read it write.. had bought calls at 1396 and laughing all the way to the bank..
    Sep 7 07:29 AM | Likes Like |Link to Comment
  • Ultra-Low Interest Rates Indicate U.S. Stocks Are Expensive [View article]

    The May high has been taken out and with no impending news to push the markets lower in the near term.. i guess the bears will have to accept defeat and hand it over to the bulls..
    Aug 17 02:18 AM | Likes Like |Link to Comment
  • Will Speculators Rescue The Housing Market? [View article]

    the rise in price of the houses will cause those who are underwater on their homes to sell them thus bringing in a lot of fresh inventory in the market. i personally know a lot of them who are waiting for the house prices to rise to dispose off their "investments". i would rather buy a house when the second round of selling comes in...
    Aug 13 05:50 AM | Likes Like |Link to Comment
  • Gold: One More Drop [View article]

    what is your view on eminis.. Bob prechter has been calling for a top and a reversal for the last few months but it doesnt seem like its gonna give up in a hurry.. What does your wave count suggest specially with 2-3 month horizon

    Jul 29 03:01 PM | Likes Like |Link to Comment
  • EU Summit Agreement Bogus: Global Bear Market To Resume [View article]

    Just a thought but if FED is buying futures why would they buy a few minutes before the news is out.. i m assuming that you believe that they are doing it to support the markets rather than trying to make a quick buck
    Jun 29 03:31 PM | Likes Like |Link to Comment
  • The Start Of The 2012 End Game Is Upon Us [View article]

    the recent decision by the euro zone can have a profound impact on the markets in the near to medium term. Any views on the above.

    prateek sinha
    Jun 29 06:07 AM | 1 Like Like |Link to Comment