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romanov
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Quote romanov Replybullet Posted: 04/Dec/2008 at 10:23pm
Once upon a time there was a Mithai wala ,he opened a new shop.To attract customers he wrote on his shop following:
"Yahan bahut Swatheest Mithai milti hai"..His business prospered.
 
Than one day one of the analyst came and said "bhai is statement mai yahan likhne ki kya jaroorat hai it is obvious ki Mithai ki dukan pe mithai hi mlegi"
 
Listening to him,the shopkeeper changed the statement to
bahut Swatheest Mithai milti hai".."
 
Second analyst came and said "What you have written does not create confidence,you have such a big good shop what's the use of adding word Bahut"
 
Listening to him the shopkeeper changed the sign to
"Swatheest Mithai milti hai"
 
Now came another distuingeshed analyst and siad "bhai,mithai ki dukan hai ..acchi chal rahi hai obvious si baat hai ki mithai swatheest hai..what's the use of this extra word"
 
Unfortunately,shopkeeper was scared that people might think he does not have confidence in his own product he changed the sign to
"Mithai milti hai"
 
Than came an international analyst and commented "you should be precise and short.that makes it beautifull"
 
Listening to him..the poor soul decided to change the sign to "Mithai hai"
 
If this was not the end of his agony  ...somebody followed up and said boss'...Mithai hai looks cheap ,remove the word hai.and may be your shop will become branded as the word Mithai in itself sounds very pleasent to ears ..
Already succumbed to so many suggestions the shopkeeper went further and renamed the shop to "Mithai"....
 
I would have loved to end the story here...but unfortunately  it did not stop here....
 
In the meantime one of savvy market analyst came up,after doing an extensive survey of the market  said to shopkeeper..."It always pays to give a detailed description of your shop and highlight what you are all about...Mithai..it does not sound convincing for any one.....you should write it in more detail..  something like "yahan bahut Swatheest Mithai milti hai"...
 
No clues for guessing the moral of the story....everybody has his own point of view..and correct in some point of way..what is important is to listen to all the advice before making a informed decision and not after making the decison. 
 
 
 
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master
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Quote master Replybullet Posted: 04/Dec/2008 at 11:02pm
Originally posted by basant

This firm also has the glorious distinction of having placed HFCL shares to...
 
Tehelka & hfcl are part of wrong reasons. But we need to give credit where it is due. At a time when top honchos were busy releasing $200 crude reports, this was the man who said below 50 as the year-end target. This is some assessment. Without much doubt, 2008 has belonged to him.
 


Edited by master - 04/Dec/2008 at 11:03pm
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kumardiwesh
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Quote kumardiwesh Replybullet Posted: 04/Dec/2008 at 12:13pm
Yeah...you can imagine how bad a year 2008 has been when it belongs to people like SS.
"History does not tell you the probability of future financial things happening" - Warren Buffett
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arunshah2k
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Quote arunshah2k Replybullet Posted: 04/Dec/2008 at 8:14am
Originally posted by master

Originally posted by basant

This firm also has the glorious distinction of having placed HFCL shares to...
 
Tehelka & hfcl are part of wrong reasons. But we need to give credit where it is due. At a time when top honchos were busy releasing $200 crude reports, this was the man who said below 50 as the year-end target. This is some assessment. Without much doubt, 2008 has belonged to him.
 


Yes, some of his recent statements have lots of logic in them.

His main rationale for markets going down by 20-30% is about earnings slowdown/decline. He feels how bad the earnings are going to be for next 1 year has not been fully comprehended by markets and other analysts. Post Oct-Dec quarter results, markets will start to realize how worse things will become in next 1 year.


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catchsudipto
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Quote catchsudipto Replybullet Posted: 04/Dec/2008 at 9:06am
You are in to astrology or something?
-----------------------------------------------------

No not in astrology. But market bottom ( at 7695) might be already in place. Infact we corrected 61.8% (at 8113) of 30 years rally since 1978. So now we might have a multi-months rally from now onwards. Lets keep our finger crossed.
 
 Also at last USA acknowledged that they are in recession since Dec 2007. Dow topped out in Oct 2007. A country comes out of recession in 13th month normally (history suggest that). It might extend also but  lets hope for the Best. Thumbs%20Up


Edited by catchsudipto - 04/Dec/2008 at 9:39am
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PrashantS
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Quote PrashantS Replybullet Posted: 04/Dec/2008 at 9:13am
well on a serious note there are times when these things have failed ...fear has not set in and we havent got a capitulation ...so again assuming a bottom is not the right thing...we are in a time when history is being made..btw the low was 7695
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catchsudipto
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Quote catchsudipto Replybullet Posted: 04/Dec/2008 at 9:39am
btw the low was 7695

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stockaddict
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Quote stockaddict Replybullet Posted: 04/Dec/2008 at 9:58am
Originally posted by arunshah2k

Originally posted by master

Originally posted by basant

This firm also has the glorious distinction of having placed HFCL shares to...
 
Tehelka & hfcl are part of wrong reasons. But we need to give credit where it is due. At a time when top honchos were busy releasing $200 crude reports, this was the man who said below 50 as the year-end target. This is some assessment. Without much doubt, 2008 has belonged to him.
 


Yes, some of his recent statements have lots of logic in them.

His main rationale for markets going down by 20-30% is about earnings slowdown/decline. He feels how bad the earnings are going to be for next 1 year has not been fully comprehended by markets and other analysts. Post Oct-Dec quarter results, markets will start to realize how worse things will become in next 1 year.


 
Well to me personally Shankar Sharma comes across as a more resonable guy, Jhunjhunwala seems too much intoxicated by the money he's made and while he may have and will do well for himself lay investors need not pay heed to his all the time bullish talk. As far as Shankar's predictions go, he may be proven wrong but take it in proper perspective. He isn't advicing you to trade short, it should be taken more as a caution to do due diligence before putting in money.
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