Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
Posted: 18/Dec/2011 at 6:10am
If This UPA was welcomed with a 20% up Circuit.... Maybe their Exit will be a 20 % down Circuit.
Originally posted by basant
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt" ="Msonormal"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">You can fool some</SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">of the</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">people all</SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">of the</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">time</SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">, and</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">all</SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">of the</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">people some</SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">of the </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">time</SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">, but you cannot fool</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">all</SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">of the</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">people all</SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">of the</SPAN></SPAN><SPAN ="apple-converted-space"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: "> </SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; mso-bidi-font-style: normal; white: ">time</SPAN><SPAN ="apple-style-span"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; white: ">. - Abraham Lincoln</SPAN></SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; COLOR: #222222; FONT-SIZE: 9pt; mso-bidi-font-weight: bold; white: ">.</SPAN><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 9pt"><?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><O:P></O:P></SPAN>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt" ="Msonormal"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 9pt">When the UPA was elected to power the stock market saluted it with a 20% circuit up with a firm belief that this Govt. will put India on a strong growth path through a spate of developmental activities led by second generation reforms. <SPAN style="mso-spacerun: yes"> </SPAN>In retrospect the collective wisdom of the market as defined by stock indices was a classic case of fooling all the people some of the time. As time progressed all that the markets saw from the <SPAN style="mso-spacerun: yes"> </SPAN>Govt. was mere hope and talk with very little action bringing our belief for a sustained high single digit growth to a virtual standstill. “All talk and no work has made Manmohan a dull Prime Minister”<O:P></O:P></SPAN>
<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt" ="Msonormal"><SPAN style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 9pt">While all this happened the stock market bulls quickly set themselves up for a long haul. They saw the ticker race towards the earlier top of 21,000 and the first rule for a market participant is that anyone in this market can lie but not the ticker. So they piled up with gusto buying the old beaten down names, stocks that hadn’t moved and waited for the ones that made new highs to collapse –a classic case of what happens in the every market cycle. After two and a half years all that remains of those stocks are memories - both bitter and forgettable.<O:P></O:P></SPAN>
All The Politicians in the US, Canada, Europe are made up of Lawyers. SO in a way, it is not surprising.
A Govt. that is made up of Lawyers at the top seems to do just one thing -argue and postpone. Meanwhile our Prime Minister seems to follow a policy of avoid, delay and defer. Instead of clamouring for FDI in retail with limited support the PM should focus onthe basics. POSCO’s US$ 10Bn project lies stuck between the files, several mining projects have been stopped because the Govt. has suddenly turned green? FDI in retail is a five year plan. How can Wal Mart improve delivery from farm to fork in the immediate future? We did not have FDI in retail when we clocked 9% growth in GDP? The proposed Food security Bill is another of those legislations being introduced with an eye on vote bank politics. It will encourage people to sit back at home and work for three days a week instead of five. This is a colossal waste of public money and is against the basic roots<SPAN style="mso-spacerun: yes"> </SPAN>of capitalism. I guess 2G was better because it was a one time expense but this one will continue for years because once done no party can reverse the process once it is done.<O:P></O:P></SPAN>
</SPAN>
Be fearful when others are greedy and be greedy when others are fearful.
To use an analogy from the markets, the govt is behaving like a short-term trader, but without having stop-losses or booking profits, instead of creating wealth like a long-term investor.
Joined: 25/Jun/2011
Location: India
Online Status: Offline
Posts: 518
Posted: 18/Dec/2011 at 11:01am
No matter what we say, Govt. will never listen to us.
Lets look @ FSB from an different perspective.
Hawkins and TTK were the beneficiaries of NREGA.
So why not spend our time in analysing which companies will benefit from FSB?
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
Joined: 17/Mar/2008
Location: India
Online Status: Offline
Posts: 1882
Posted: 18/Dec/2011 at 11:33am
फूड सिक्योरिटी बिल और लोकपाल बिल में क्या फर्क है?
फूड सिक्योरिटी खाने का हक़ देता है और लोकपाल 'खाने' का हक़ छीनता है!
Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays
Joined: 29/Nov/2011
Location: India
Online Status: Offline
Posts: 1
Posted: 19/Dec/2011 at 2:32pm
Very interesting article, sir.
In my opinion, current government is facing a policy paralysis. There is no active policy government have to tackle the real world problem the common man is facing but government never forget to say "aam aadmi ki sarkar". If it is an "aam aadmi ki sarkar" then why government lifting subsidies from various household requirements and why government is deregulating petrol prices ? Really, government has to answer many answered questions.
Joined: 21/Nov/2011
Location: India
Online Status: Offline
Posts: 25
Posted: 19/Dec/2011 at 6:34pm
I think too many people in India especially those who have enough wealth (middle class, corporate)are forgetting how poor people in India actually are.
FSB will be a great thing for everyone if implemented well.
No one , not even a single person should die of hunger.
One thing govt. can do is to have it applicable to everyone in this country (not 62% as proposed) rather than trying to identify BPLs and leaving it open to hoarding and other such malpractices.
If it will be Rs 3 for everyone then no problem of hoarding etc.
And they should increase taxes on individuals(by 20-40%) as they will be already saving by getting cheap food and this will keep inflation in check
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.