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Moneycontrol.com >> Message Board >> View Messages >> Market Outlook - Short Term
   You are here :     Moneycontrol     MMB    Market View      Market Outlook - Short Term                         Most active discussions of 2006 , 2007 & 2008
PANIC CREATORS...Morgan Stanley !!!!! (4)   09-Jul-08 17:29Tracked by (0)  
Posted by:   santhosho on ( 09-Jul-08 17:29 )
MORGAN STANLEY SEES MARKET BOTTOM AT 10500 !!!!!
Mr. Ridham Desai of Morgan stanley predicts market bottom at 10500...brings no surprise ...The real bearishness of this FIIs are coming out..The same person during HUNT FOR THE BOTTOM organized by TV18 had said the market bottom would be around 12000--12600 and the valuations will be very attractive at these levels....These are the guys who creates Panic in the market and drive away retail investors from the market...Most of the retail investors have already been fleed from the market and now the left out traders will also be knocked out of market by these creatures...
Morgan Stanley is one of the mojor investors among the top five investors in the crude index along with JP Morgan Chase, Goldman Sach, Citigroup and UBS...Its not a surprise to see the statement when the crude has fallen $10 dollars and markets are witnessing some recovery from recent lows...
If one can go through the world stock market websites, you can see statements from Morgan Stanley with respect to those indexes...So the intention is clear..they want much better index...and the question is...ARE WE OBLIGED TO GIVE ROOM FOR THAT..????...Only time will tell us everything....
Cheers....
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