Investing Questions and Answers

What is the nifty in the short term heading for?




Answers: NIFTY ... the SENSEX ...India . both are heading ( or nosediving) for a very gloomy negative direction for a short term.
From here it may go to a "bear phase" and subsequent rise may take some time.

(Pl note : I am not an expert. Check with the experts for a better idea. I am to some extent concerned with the middle class accidentally whose money has been blocked in the recent Reliance Power I.P.O...see my question please to answer)
Nifty eh?

if you are into charting.you will see that in your weekly charts.it is forming a major trendline...breaching which.the markets should enter a bear phase.a big one!

thats what i feel..

Is this a good time to buy COP stock?




Answers: Yes, why not and make some money.

It closed at $77 today, I think it can hit $114 in 12-24 months, its about 30% undervalued with energy prices remaining at these levels.
Wait til about $70

I have bought the JAN 09 $75 call option

Cost of 1 gram 24 kt gold?




Answers: There are 31.1 grams in one ounce of gold.
With $900 oz. gold, one gram = $28.93
24k gold is pure gold.
Check kitco.com for spot price of gold.

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