[nsews] NSEWSPEAK: 194 -NSE Worksheet

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SIGNALS THIS 194th WEEK
Sunday, January 11, 2009
This  week again there are no signals. And NVF has gone up by quite an extent, probably due to the unforeseen & unfortunate events of the past week. We at NSEWS had removed Satyam from our monitored stocks three weeks back, due to the lack of transparency in corporate management. It so happened that NSE, BSE and NASDAQ have now removed Satyam last week from their indexes due to the events of the last week. But one way we are happy that this has atlast exposed the misdeeds of the management at Satyam and brought it out in the open. Now Satyam has got a new capable Board in the interim and we should soon be knowing the exact state of affairs there. So the real reason why we had removed Satyam has now vanished. But since the state of affairs there is still not clear, we will not be adding back Satyam but will wait for a few weeks. Let us only hope that Satyam operations do get streamlined for the sake especially of the employees and the minority shareholders, and also for the prestige of the Indian capital market globally. We really believe that the fourth biggest IT company of India will really be able to face this crisis and comeout unscathed, because it is owned almost 96 % by the investing public, employees, the indian FI's and FII's, and not by the wayward erstwhile management. You can check here how we have performed so far at :  Open Signals & Earlier Signals

Stock Signal Price Date Gain No signals this week

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NVF     7.89

Bye and Happy Investing.