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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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   Posted: 08/Mar/2007 at 6:43am |
One 'so called long-term*' Mungerilal was seen very busy collecting past records of Tax returns data. His logic is to derive clues from Advance Tax figures which will be flashed on CNBC come 15th March.
By the way, he trades heavily intra-day*. So long-term for such guys maybe BTST!!
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 09/Mar/2007 at 7:17pm |
Once our friend Mussaddilal went to a posh restaurant with few Mungerilal friends.
They were led to a vacant corner table by the waiter.
Mussaddilal: "Yahan humaare pehle koi Investment Bankers aaye the kya?"
Waiter: "Haan Sir jee, lekin aap ko kaise pata chala?"
Mussaddilal: "Because they haven't left anything on the table !!"
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There'll be a pause in my postings for a brief period as I'll be away for a few days. My effort would be to access TED from wherever possible. Bcoz TED ek aadat hain, subah ke pehle chai jaisi!
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Life can only be understood backwards—but it must be lived forwards
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monu_duggad
Senior Member
Joined: 07/Sep/2006
Location: India
Online Status: Offline
Posts: 289
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Posted: 10/Mar/2007 at 3:15pm |
lol...right kulmangee....most of the ipos are loosing 30-35 % these days on listing day....
Waise...3745 was broken on closing basis yesday....ab kya hoga ?....boo hoo boo hoooooooo
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If you think you can,You Can
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 12/Mar/2007 at 7:39am |
According to one Mungerilal, Indian Market is correcting because some US based large FIIs don't like DowJones to be lower than Sensex. So, it's a part of International conspiracy, you see.
Upon hearing this 'classic theory', I uttered some unprintable, unmentionable popular Hindi slangs!!! Do I need to say more?
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Life can only be understood backwards—but it must be lived forwards
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Mohan
Senior Member
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
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Posted: 12/Mar/2007 at 7:54am |
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Be fearful when others are greedy and be greedy when others are fearful.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 13/Mar/2007 at 6:07pm |
Warning for short-term Nifty traders
I heard from couple of Mungerilals that they have devised a simple plan to make money. Nifty is in trading range of 3700 to 3760. So they have been buying around 3710~3715 & booking profits around 3740~3750 & again shorting around 3750 levels.
I could sense complacency, hence the warning. By the way, their deep SL levels are: 3674 & 3806. Watch it!
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Life can only be understood backwards—but it must be lived forwards
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 13/Mar/2007 at 6:18pm |
I could sense complacency, hence the warning
_________________________________________________
That is as deep a research you can do on a mangalwaar!!!
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 13/Mar/2007 at 6:27pm |
Originally posted by basant
I could sense complacency, hence the warning
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That is as deep a research you can do on a mangalwaar!!! |
 Ha ha ha.......Mangalwaar hain aaj!In 70s there was a movie titled: "Jungle Mein Mangal". Ramgopal Verma plans to produce a remake: "Mangal kaa Jungle"!
Edited by basant - 13/Mar/2007 at 6:36pm
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