Bear on hunt

what a melodramatic situation it is,investor's minds are in chaos.Investment banks ,better known as money making traders, are searching shelters to save their heads from this avalanche.the top class executives of these companies who used to change their places either by Audy or private jet are thinking of so economic use of resources.
Juggernauts of wall street are now begging for survive there.i don't know exactly when this downfall had started.but first alarming bell i heard when bear sterns a leading global investment banking & securities trading sold itself to a meager price of $10 per share to JP Morgen.At that time price for that share was $172 once in the market but company could not sustain its reputation & go sold.
after that AIG (American international group) grant a alms of $85 billion for US govt.situation can be better visualize from this fact AIG's share prices fell over 95% to just $1.25 on September 16, 2008, from a 52-week high of $70.13.
it wasn't enough,merrill lynch one for top recruiters of IIMs (my dream destination) was sold to bank of America at a penny price of $50 billion for such a big name.may be the bull in the logo of Merrill lynch was hiding his down head somewhere.
but news of big daddy was still in the way then,fear on investor's face increased drastically after yesterday.A name for which a iim student cheers like a kid with all dream fulfill go busted.Lehman brother filed its case for bankruptcy

now may be a well established investor can bear this shock but what about small ones,the trust these names n put their hard earned money on the table.this all is not a sudden collapse but its a result of long back greed driven works of these banks.its is said that according to chaos theory a flaps of butterfly 's wing set up a tornado in other subcontinental but what happens when this sub prime like dragon flaps his wing..lets see
this s what we called law of gravity "the thing which go in sky surly come back "..off course i am not talking about a stone with 11.2 kmps escape velocity
but what is in it for me.i am a wanna be investor i want to put ma money for growth but is it a good starting scenario for me.may be yes may be not,lets wait & watch

aloha!!

your

ASHISH

“ The four most dangerous words in investing are, It’s different this time.” -Sir John Templeton, legendary investor.