Do you play the stock market

Steeroid · 20th April 2009, 18:10

Quote:

Originally Posted by vivekiny2k

started again

Happens all the time, doesnt it? The market shows some upward movement and everyone then talks in terms of the Moon and the Stars.

Dont get caught up in the current high - I think its a temp phase, things may go back to 8 - 9k again.

BaCkSeAtDrIVeR · 20th April 2009, 18:28

bblost, hos is that relevant for the Indian economy? (hmmm.. will deepen the recession here ... just think of what happens when Sun and Oracle training centers get merged). <looking around for the silly grin smiley>

watfor · 21st April 2009, 09:11

The market's going to fall big time today.

lambuhere1 · 21st April 2009, 11:54

Recd this today. Aptly relevant in today's recession time

Mods: If already existing, kindly delete the same

dkhatau · 21st April 2009, 13:49

The stock market is a great leveller my friend, it is always ahead of we ordinary mortals at all given point of time. The stock markets world over discount the events of six months ahead (disclaimer : under normal course of events.). Thats why it is at these low levels. I personally think that the worst is over for stock markets and the october bottoms may not be tested again.

NetfreakBombay · 2nd May 2009, 23:41

Interesting article.

I have no idea about accuracy facts stated in the article. But if this article is largely true then we have another "Creative Accounting" Saga at our hands.

DNA: Money: So the Ponzi scheme will end

SLK · 3rd May 2009, 00:17

Quote:

Originally Posted by NetfreakBombay

Interesting article.

I have no idea about accuracy facts stated in the article. But if this article is largely true then we have another "Creative Accounting" Saga at our hands.

DNA: Money: So the Ponzi scheme will end

I think the article is too jumpy, i.e. trigger happy.

If this was a Ponzi, then I don't see a reason why it would end now? This company is not in an operational crisis like satyam, which had to show its fraud as it couldn't have continued with its working capital situation.

BTW, inconsistent sales and profits is how the realestate industry works.

NetfreakBombay · 3rd May 2009, 00:24

Point is, some sales were fictitious. Those were booked to another group company. And they can't continue with it any more.

PatienceWins · 5th May 2009, 21:31

What do you guys think about CALS refinery?

They are going to comeup with a large refinery similar to reliance. The management also seems experienced. The stock is currently trading at 70 paisa. Seems like a great long term investment.

mclarenracer · 6th May 2009, 09:05

look for market to go down a bit today, and depending to global cues big up or down move tomorrow.

lambuhere1 · 7th May 2009, 08:25

Recd in E-mail

It is August. In a small town on the South Coast of France, holiday season is in full swing, but it is raining so there is not too much business happening. Everyone is heavily in debt. Luckily, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the third floor.

The hotel owner takes the banknote in hurry and rushes to his meat supplier to whom he owes E100.

The butcher takes the money and races to his wholesale supplier to pay his debt.

The wholesaler rushes to the farmer to pay E100 for pigs he purchased some time ago.

The farmer triumphantly gives the E100 note to a local prostitute who gave him her services on credit.

The prostitute goes quickly to the hotel, as she owed the hotel for her hourly room use to entertain clients.

At that moment, the rich Russian is coming down to reception and informs the hotel owner that the proposed room is unsatisfactory and takes his E100 back and departs.

There was no profit or income. But everyone no longer has any debt and the small town people look optimistically towards their future.

COULD THIS BE THE SOLUTION TO THE Global Financial Crisis? Or, is there a catch here?

rhsandeep · 13th May 2009, 15:46

What will be Sensex value on monday Close ?
Any guess?
My Guess is by by monday close will be around 10000.(+ or - 400 pts)

prince_pervez · 13th May 2009, 16:07

Quote:

Originally Posted by rhsandeep

What will be Sensex value on monday Close ?
Any guess?
My Guess is by by monday close will be around 10000.(+ or - 400 pts)

You might be the expert here but, its BSE trailing for 12019 something as of now.
So mean to say it might fall 2000 points in 2-3 days

I hope it doesn't!

mjothi · 13th May 2009, 16:21

Quote:

Originally Posted by prince_pervez

You might be the expert here but, its BSE trailing for 12019 something as of now.
So mean to say it might fall 2000 points in 2-3 days

I hope it doesn't!

Possibly, he is expecting some effect from the election results?

prince_pervez · 13th May 2009, 16:38

Quote:

Originally Posted by mjothi

Possibly, he is expecting some effect from the election results?

If that happens then it might be the biggest fall ever, nahi?

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

20th April 2009, 18:28	#1142
BaCkSeAtDrIVeR BANNED Join Date: Jun 2007 Location: Kochi Posts: 2,522 Thanked: 752 Times	bblost, hos is that relevant for the Indian economy? (hmmm.. will deepen the recession here ... just think of what happens when Sun and Oracle training centers get merged). <looking around for the silly grin smiley>
	() Thanks

21st April 2009, 09:11	#1143
watfor BHPian Join Date: Jun 2006 Location: bangalore Posts: 48 Thanked: 14 Times	!! The market's going to fall big time today.
	() Thanks

21st April 2009, 11:54	#1144
lambuhere1 BHPian Join Date: Oct 2005 Location: @ Driver's Seat @ Posts: 708 Thanked: 106 Times	Recd this today. Aptly relevant in today's recession time Mods: If already existing, kindly delete the same Attached Thumbnails
	() Thanks

21st April 2009, 13:49	#1145
dkhatau BHPian Join Date: May 2008 Location: mumbai Posts: 162 Thanked: 43 Times	The stock market is a great leveller my friend, it is always ahead of we ordinary mortals at all given point of time. The stock markets world over discount the events of six months ahead (disclaimer : under normal course of events.). Thats why it is at these low levels. I personally think that the worst is over for stock markets and the october bottoms may not be tested again.
	() Thanks

2nd May 2009, 23:41	#1146
NetfreakBombay Senior - BHPian Join Date: Jan 2008 Location: Bombay Posts: 1,466 Thanked: 1,021 Times	Interesting article. I have no idea about accuracy facts stated in the article. But if this article is largely true then we have another "Creative Accounting" Saga at our hands. DNA: Money: So the Ponzi scheme will end
	() Thanks

3rd May 2009, 00:24	#1148
NetfreakBombay Senior - BHPian Join Date: Jan 2008 Location: Bombay Posts: 1,466 Thanked: 1,021 Times	Point is, some sales were fictitious. Those were booked to another group company. And they can't continue with it any more.
	() Thanks

5th May 2009, 21:31	#1149
PatienceWins Senior - BHPian Join Date: May 2007 Location: Bangalore Posts: 2,416 Thanked: 807 Times View My Garage	What do you guys think about CALS refinery? They are going to comeup with a large refinery similar to reliance. The management also seems experienced. The stock is currently trading at 70 paisa. Seems like a great long term investment.
	() Thanks

6th May 2009, 09:05	#1150
mclarenracer BHPian Join Date: Oct 2006 Location: Seattle Posts: 115 Thanked: 11 Times	look for market to go down a bit today, and depending to global cues big up or down move tomorrow.
	() Thanks

7th May 2009, 08:25	#1151
lambuhere1 BHPian Join Date: Oct 2005 Location: @ Driver's Seat @ Posts: 708 Thanked: 106 Times	'Money - Is there a solution to Global Financial crisis ? Recd in E-mail It is August. In a small town on the South Coast of France, holiday season is in full swing, but it is raining so there is not too much business happening. Everyone is heavily in debt. Luckily, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the third floor. The hotel owner takes the banknote in hurry and rushes to his meat supplier to whom he owes E100. The butcher takes the money and races to his wholesale supplier to pay his debt. The wholesaler rushes to the farmer to pay E100 for pigs he purchased some time ago. The farmer triumphantly gives the E100 note to a local prostitute who gave him her services on credit. The prostitute goes quickly to the hotel, as she owed the hotel for her hourly room use to entertain clients. At that moment, the rich Russian is coming down to reception and informs the hotel owner that the proposed room is unsatisfactory and takes his E100 back and departs. There was no profit or income. But everyone no longer has any debt and the small town people look optimistically towards their future. COULD THIS BE THE SOLUTION TO THE Global Financial Crisis? Or, is there a catch here?
	() Thanks

13th May 2009, 15:46	#1152
rhsandeep Newbie Join Date: Dec 2008 Location: Bangalore Posts: 5 Thanked: 0 Times	What will be Sensex value on monday Close ? Any guess? My Guess is by by monday close will be around 10000.(+ or - 400 pts)
	() Thanks