Bear or Crab?
Posted by Sri Prasath Venkateswaran on June 14, 2006
Stock Markets crash continues. Those who have pumped Crores and Crores of Rupees, not able to regain even a single penny what they have invested.
Analysts say that Market is in the “Bear Grip”. But I would suggest analyst to change the phrase as “Crab Grip”, because this downturn continues for the last 1 month, every day the sensex loses not less than 120 points.
I would suggest to stop the stock trading business for a day until the Government and Ministry of Finance comes out with the clear cut policy to crub down the stock market crash.
I would like to requote the same Thirukural to the Finance Minister what he had stated while making his Budget speech in 1997.
“Iyyaralum Eethalum Kaathalum Kaatha vaguthalum
Valla tharasu”.
