Friday, February 24, 2006

Obares - Providing people dream homes.

Recently, I went on a wild search for looking out information about some homes in NJ area for my uncle. After an hour of search and finding no result, I was totally drained out, just when I came across Obares. The site is really informative and gives a good information about the realty. Above all, they give out all this for free. Just what the docter ordered!

Obares.com gives you the best way to sell your home or buy your dream home. They give you some of the best resources today, including tools and tips that will guide you through the entire process of purchasing your new home right up to the day you move. Not only will you have all the resources at your fingertips to purchase a new home but you will also have everything you need to sell your home.

Theye will help you find the right real estate agent, your dream home and even the finest deal on your mortgage loan. They offer information on real estate agents throughout the country, all information regarding mortgage loans, information on every city such as the schools, libraries, and churches in the area all for free. Obares.com is your FREE choice for finding everything you could possibly need to purchase or sell your home.

Obares.com brings real estate buyers and sellers together on the Internet. FSBO's, real estate agents and realtors® can list sites for FREE in our database. Obares.com is the premier property listing service in USA. Our goal is to make listing a home for sale a much better experience for the seller in addition to providing unparalleled exposure on the Internet within their local market. Ultimately, the result is that homes sell faster and we make it easier for the buyer to view homes for sale in the area without leaving their home.


They will be here for every homeowner that is looking to sell and every person seeking out there dream home. They will provide you will everything you need from a real estate agent, to finding a home, to financing your loan. The best part is it is FREE.

Tuesday, February 07, 2006

Sensex crosses 10000 mark - Future Predictions on this mad BULL?

Hello again people, its been long since I posted something stupid in this blog of mine. Do know why I created it in first place was continuously pressing F5 in hope that something refreshing would show up in this blog, but ah well, it never did. (Sorry for the PJ here) Just my weird senseless humor or is it humour...Damn its too confusing.

Ok, enough of the non sense talk, now lets get to some seriously senseless talk, the BSE index!

I was on my way to grab some Vada Pav ( Indian version of Burger - atleast that's what I call ) when the news of sensex reaching 10002 got onto my phone somehow yesterday. Well, I was not surprised at all, with Indian budget coming up and Government riding high on 'India Shining' bandwagon, this was ought to happen. Today the sensex showed even more momentum and climbed up to 10082.28 with the high close to 10096 . Let me get it straight, I no marketing guru nor am I some weirdo whose has no knowledge of what 2+2 is ( BTW, is it 5? :s) but 1 thing I know surely is, my instincts, that never fail me in this volatile market and that tell me this is truly another mad bull run.

I would gain causiously in this market if I were to invest some money right now and even after some correction of sorts. I wouldn't be surprised if the correction as huge as 1500 comes around the corner, probably pre-budget or post-budget, but it would come for sure. One thing in this market is for sure, its highly over-valued market right now. Imagine, 3 years back, who would have thought that sensex would rise so high, so early, however some of the industry experts did predict this coming, but that were just mere 'predictions' and not any firm analysis of any sorts. I think it is the foreign investments that are pumping up the bull market.

India, at 16 times earnings, is among the most expensive emerging markets in the world. Of course, compared to GCC stock indices, the most expensive bourses on the planet, the Sensex overvaluation is small potatoes.


With the budget coming soon and the deficits of the rise, Government has lot of tough task ahead in forthcoming days. Will the deficit of 6 billion dollars overshadow the marvelous 8% GDP growth? Will the 60$/ barrel oil be the big hurdle in Dr. Manmohan Singh's 'Manmohanomics' ?
All this only time can tell.

One thing I would put a light on is the increasing salaries in the Industries. This would have a major effect in coming days to the industry giants like Wipro and Infosys. Reason? Their profit margins would decrease and hence their share values too as the operating cost would increase considerably and with the pace they are hiring up professional, it sure sound the other way round.

So I sit here in front of my computer commenting this senseless discussion and sipping on cup of coffee, the Bull market gets ready for the another eventful and volatile day ahead.

Disclaimer

Readers must be advised that while the information herein is expressed in good faith, its accuracy is not guaranteed. There is always the risk of loss while trading for which the Author is not responsible. The views expressed in the weblog is just an analysis based on Technical analysis and it should not be construed as an offer for buy or sell. Anyone trading based on the recommendations are doing so at their own risk and the Author is not responsible for any financial loss arising out of it.