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Strategies & Market Trends : India Coffee House
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To: Mohan Marette who wrote (3082)10/24/1998 3:09:00 PM
From: ratan lal  Read Replies (1) of 12475
 
I hear the same thing about recdession in Inida. Real Estate prices are way down, sales of major appliances and autos are down, sales of sarees (my nephews biz) are way down.

I dont know wher the increase in GDP is coming from. remember the old story " if your neighbour is unemployed its a recession if you are unemployed its a depression".

I last got into DELL at 59 and panicked when DELL went down so I sold covered calls. Now i am stuck. hopefully i will get out of my calls and then start trading dell again.

And of course i have reduced my oex options since the premium is sky high.
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