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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (13899)5/14/2004 3:09:07 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
the new government is more socialistic - e.g. less pro-business and there is the potential of not being so friendly to the US as the previous Indian administration ..... as such there is a possibility of less "off shoring" jobs from the US.

India with it's 1.5% population growth has HUGE problems ahead of them.

At over 1 billion people that is over well over a million (1,000,000 )jobs MUST be generated each month to keep unemployment steady -- just think of this problem

India’s population growth each year is bigger than that of many well known European countries total population



To: Knighty Tin who wrote (13899)5/14/2004 6:30:07 PM
From: NOW  Read Replies (1) | Respond to of 110194
 
what are you long in india KT/ and from where?
We did bounce nicely off of 50 week ma
sure could go lower and fill that one gap left behind. i would be buying there for a LT hold. all this talk of politics is one thing, making money for some companies there is another and a given