Can the Left do anything right?
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Trading Psychology
Forum Discription: Discuss the psychological aspects of trading such as fear, greed and discipline. Why stocks are bought like perfumes and not groceries.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1140
Printed Date: 07/May/2025 at 4:37pm
Topic: Can the Left do anything right?
Posted By: basant
Subject: Can the Left do anything right?
Date Posted: 19/Aug/2007 at 8:11pm
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As the market look poised for a recovery we got a new jolt. the Left which has done nothing right has tried to keep its record tight. As the political blackmailing continues the idiotbox is maintaining to get the eyeballs glued to it.
I am no nuclear scientist but from what I read this deal seemed good from india's point of view. China and Pakistan were already upset with this deal and the fact that the two neighbours were upset makes me feel that this deal was good for India.
Is the non-signing of the deal internationally motivated from countries whose vested interests lie in India not signing this deal? This is a question that we would never know but when I think of the sudden urge to save the country from this so called "bad nuclear deal" I wonder whether all this is actually a manifestation of something that our idiot box will never show?
The BJP which had laid the foundation for this deal should now stand with the govt. and let this pass through . But I doubt if this would happen. They have their own agenda. Sometimes democracy sucks!!! ------------- '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 |
Replies:
Posted By: swapan
Date Posted: 19/Aug/2007 at 9:16pm
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This deal is probably Manmohan Singhs biggest foreign policy achievment: A one time exception for India which makes a defacto nuclear weapons state. It opens up access to India for civilian nuclear technology and unlimited uranium supplies which can help us diversify our power portfolio.
The Chinese and the Pakis, would be laughing at us. I cannot think how shameless the BJP or the Left can be in opposing this deal. So far foreign policy was largely insulated from petty politics, but now this no longer seems to be the case.
It was our infigthing which had paved way for British rule. I dont think our present crop of politicians are anything different. We havent learnt anything from history. In times like these, one really feels Democracy sucks !!
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Posted By: xbox
Date Posted: 19/Aug/2007 at 5:27am
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This deal is probably Manmohan Singh biggest foreign policy achievment
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Have anybody read the fine prints of NUC deal ? Monmohan saying nuc deal is good for India is like RJ saying buy Nagarjuna Construction.
=> A analysis on matter of national interest by stock market expert worths a laugh only. We see our own interest time & again regardless of matter of the subject.
<<I am not praising Left either>> ------------- Don't bet on pig after all bull & bear in circle. |
Posted By: swapan
Date Posted: 19/Aug/2007 at 6:23am
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What is India's position currently in terms of access to nuclear technology or fuels?
Many of our Nuclear power plants are already at a crisis point and they may have to close in a couple of years...
http://www.indianexpress.com/story/211447.html - http://www.indianexpress.com/story/211447.html
If we were to test today, the Hyde Act (left's ostensible objection to the deal) will automatically come into effect even without us signing the deal.
If we were to sign the deal, the cost to USA to impose sanctions increases..
Jerry Rao makes this point very cogently...
http://www.indianexpress.com/story/211457.html - http://www.indianexpress.com/story/211457.html
The question to ask is is this deal a improvement from where we are currently?? The answer is a huge Yes.
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Posted By: swapan
Date Posted: 19/Aug/2007 at 7:19am
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http://economictimes.indiatimes.com/News/PoliticsNation/Why_the_govt_must_go_ahead_with_the_deal/articleshow/2293085.cms -
http://economictimes.indiatimes.com/News/PoliticsNation/Why_the_govt_must_go_ahead_with_the_deal/articleshow/2293085.cms
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Posted By: vip1
Date Posted: 19/Aug/2007 at 11:02am
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There was a statement on a channel that " China thinks that the left would do their Job (stall the deal) what they could not". Now one can guess "Gaddar Kaun Hai"?
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Posted By: monu_duggad
Date Posted: 20/Aug/2007 at 7:09pm
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.....Tell me one thing .....What are 2 or 3 achievements of Left parties ? Can you recount any......have they ever done anything construvtive for this country ?.....They are quiet remarkably known for 2 or 3 things...
..They are alleged to be conspirators during British rule .....
....They did not oppose Chinese infiltration during 1960s.....
...These leftists bas$#$#$ds should be put together in one line and hanged till death/fire bullets at them....i get irritated moment i see these people...(karat/yechurry/bardhan/basu) ....i think these idiots also know what they have been doing over the past 60 years has been adversely affecting the country ...bloody they oppose everything which is good for Nation...(Economic reforms...Liberalisation....Privatisation....Nuclear Deal...what not...)......and people of West Bengal and Kerala....God knows what make them vote for these idiots year after years......they are responsible for sending these 60 odd creatures into parliament...
At times i wish that parliament attack shud have been successful...we wud have got rid of 550 buggers at one go !!! sh*t !! ------------- If you think you can,You Can |
Posted By: deveshkayal
Date Posted: 20/Aug/2007 at 10:19pm
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Very well said Monu.....
Even RJ was criticising Left when i attended his show in Mumbai but then he clearly said that whoever comes in power India will grow...
------------- "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett |
Posted By: tigershark
Date Posted: 20/Aug/2007 at 10:24pm
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even a dinosaur would have more thinking power than a bunch of brain dead relics from wbengal and kerala. ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: tigershark
Date Posted: 20/Aug/2007 at 10:32pm
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lets prepare for mid term elections as the left has decided not to compromise.so at least for the time being bull mkt RIP. ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: basant
Date Posted: 20/Aug/2007 at 10:35pm
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I protest for an exception. On a serious note I would be happy if these buggers brought down the govt. While that would send the sensex sinking it would indicate that from next year onwards we could see some new Govt. and at least a hope for some reforms like the pension bill, FDI in different sectors etc etc.
Every Govt. works well for the first three and a half years before it starts getting nervous about facing the public again and does nothing for the last 18 months. So we are in a situation even if this Govt is allowed to exist it would do nothing for the economy.
------------- '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 |
Posted By: tigershark
Date Posted: 20/Aug/2007 at 10:48pm
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we also need remember that even without the govts help we are still growing at 8-9%. ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: tigershark
Date Posted: 20/Aug/2007 at 10:51pm
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if you consider yourself a relic, brain dead, and a dinosaur then you need not protest otherwise you may.some of the most brilliant minds have come out of w bengal. i think it has got to do with the fish. ------------- understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things |
Posted By: sushil
Date Posted: 20/Aug/2007 at 10:54pm
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I am all for the Nuclear deal. I doubt if there would be any mid-term election but who am I to say that. Even Mark Faber favor this nuclear deal. RJ Said the right thing, BJP or Congress there would be no breaks in the current Indian Economy growth story.
I heard that Election cost lots of money and these kind of mid-term elections are not good for the country. Does anybody has insight on what is the cost for the Lok subha Elections?
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Posted By: vivekkumar_in
Date Posted: 20/Aug/2007 at 11:36pm
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Left I can understand .. They are a bunch of no-hopes.. Why is BJP back paddling on nuclear deal ? Best thing for BJP would be to support the nuclear deal and not go for an election now.. Did'nt BJP gain from an experiment of one of the allies pulling the leg and going for election.. Did'nt it come back with a higher majority.. Ppl punish those who push for instability in govt.. If Left pushes for election & BJP seconds that...Left will be punished severely and congress will get back to power with a better majority.. BJP will also hit bad ... Either way we need nuclear ties and stronger US relations.. Left needs to be ditched big time... ------------- Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. P Lynch |
Posted By: basant
Date Posted: 20/Aug/2007 at 11:42pm
As much as in the Fodders scam  ------------- '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 |
Posted By: vivekkumar_in
Date Posted: 20/Aug/2007 at 11:45pm
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If only Election Commission was a company & had a stock listed in NSE/BSE.. it would have been skyrocketing now....with all the attention it is receiving from media...
------------- Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. P Lynch |
Posted By: vip1
Date Posted: 20/Aug/2007 at 10:18am
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Basant agree with you , I think M Singh & Co is ready for confrontation, and high time they let the hanging noose out of their neck!. I feel is that maybe like UP elections people will this time give a majority to either Cong or BJP . But we all have to be prepared for Short term pain.
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Posted By: basant
Date Posted: 20/Aug/2007 at 11:18am
Wrong! It would have been taken over by Amar Singh through an open offer at 100% premium. ------------- '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 |
Posted By: PrashantS
Date Posted: 21/Aug/2007 at 9:01pm
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I am not sure if this true...may be speculation but the congress is prepared for elections..it seems that they run their own hedge fund and pulling out funds..and also heard that RJ has sold out most of his portfolio.... We can be in for a rough ride in coming months...I strongly feel that SEBI is just not doing enough ..Government interference is just not good.. |
Posted By: basant
Date Posted: 21/Aug/2007 at 9:13pm
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Hi! It is the govt that controls SEBI and not the otherway round. Also RJ is not God to have sold out when markets falls he also becomes poorer so let us not get into that discussion about RJ!!! ------------- '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 |
Posted By: prosperity
Date Posted: 21/Aug/2007 at 9:24pm
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FIRST SIGNS OF PANIC .... LET THE PANIC GROW !!
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Posted By: PrashantS
Date Posted: 21/Aug/2007 at 10:04pm
| well i am invested my friend ..but this what panic can do..these are rumors which are lurking around ...just wanted to post... |
Posted By: basant
Date Posted: 21/Aug/2007 at 10:11pm
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There is no harm in posting but we should distinguish between rumours and information. I would say it should not matter if RJ or anyone for that matter is selling or buying because we are investing for ourselves not copying what anyone else is doing. Also at such times we should try and put in correct information which we believe to be absolutely true and as far as RJ is concerned not even the people working in his office would know whether he is buying or selling.
------------- '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 |
Posted By: patnitin
Date Posted: 21/Aug/2007 at 10:25pm
| Heared a respected commentator(Mr Yogendra Yadav) that CPM and BJP both are not ready for polls as yet and congress would win comfortably if elections are held tomorrow.May be this is the reason for the agressive mood in congress.It should be a good for the market if any party gains majority on its own.Also read a news item that CPM/CPI would not allow the govt to place the budget. |
Posted By: kulman
Date Posted: 20/Jul/2008 at 2:21pm
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The great Indian political tamasha is going on again....Assh*les are playing horse trading game. If anyone still has borrowed leveraged money in the market be very careful as volatility could trigger margin calls again. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: CHINKI
Date Posted: 20/Jul/2008 at 3:01pm
Any chances of horse trading money getting into stock market?? 
If yes, then market should move up irrespective of the result of the trust vote. ------------- TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO |
Posted By: kulman
Date Posted: 20/Jul/2008 at 3:07pm
 But that money will be hotter than hedge funds & will pull-out swiftly. On a serious note, irrespective of what happens to the Central Govt, investors should focus on businesses. Yet I see that some people in my close relations/friends still borrowing (against existing shares, personal loan) to put into markets with a hope to make money quickly. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: paragdesai
Date Posted: 20/Jul/2008 at 3:17pm
Kulmanji,
Which types of companies they are prefering?
RPL,RNRL,ISPAT or compamies with resonable fundamentle.
Same thing is happening around me also but I don't know about the source of money. People are still want to take risk & don't want to make fool as last 2 time when market turn 180° in no time.
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Posted By: kulman
Date Posted: 20/Jul/2008 at 3:25pm
Nowadays they claim that they are sticking to 'quality stocks' in A-group. Again these guys depend on others for ideas/tips. They perhaps haven't yet learnt that markets can remain irrational longer than you remain solvent.
With such optimism still around, it's not a good sign. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: paragdesai
Date Posted: 20/Jul/2008 at 3:48pm
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I think nos of Buffettology follower are increasing. But the question is how many of them can stick to it?
There is a very common & simple quote coming out from many big & small retail investors during their weekend discussions that JHABBHI MARKET GIRTA HE TO GHABRANE KA NAHI LEKIN DABAKE LENEKA. But now in real estate market every one is scared & very few are taking risk. That may be due to liquid nature of stock market relative to real estate market.
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Posted By: paragdesai
Date Posted: 20/Jul/2008 at 9:38pm
Political Regulator should impose some 10% or 20% circuit per trading day to determine MP's CMP. And also fix the timing for trading hours.
Yahan to 24 ghante F&O chalta he. Sunday ko bhi pura din chalu.
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Posted By: kulman
Date Posted: 20/Jul/2008 at 10:23pm
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Political Regulator should impose some 10% or 20% circuit
per trading day to determine MP's CMP. And also fix the timing
for trading hours. Yahan to 24 ghante F&O chalta he. Sunday ko bhi pura
din chalu.
------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: Invest_in_India
Date Posted: 21/Jul/2008 at 6:27pm
http://broadband.indiatimes.com/asxshow1/3258060.cms - Video : Trust vote: Lalu confident  ------------- Cheers, Raj "Que sera, sera, Whatever will be, will be; The future's not ours to see. Que sera, sera, What will be, will be. Que Sera, Sera!" |
Posted By: paragdesai
Date Posted: 22/Jul/2008 at 8:46pm
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Those 1 Cr or 3 Cr Rs. what ever the amount produce in the Lower house should be use to establish MP's Education & Training Fund & Technology Upgradation of the Parliament House. |
Posted By: kulman
Date Posted: 22/Jul/2008 at 9:06pm
They will invite tenders for this contract & generate black money through kickbacks. Bharat mera mahan! ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: omshivaya
Date Posted: 22/Jul/2008 at 9:09pm
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UPA wins confidence vote. Hope govt. minus the left would be a bit better!! Even Krishna used some manipulations to help the Pandavas, so for greater good all's cool! ------------- The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it |
Posted By: deveshkayal
Date Posted: 22/Jul/2008 at 9:34pm
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Market is hoping for some reforms in Insurance,Banking and Pension Funds. I think SP should not have problems with these....Anil bhai has a good friend at the top now! ------------- "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett |
Posted By: Invest_in_India
Date Posted: 22/Jul/2008 at 9:48pm
Yes... All ADAG stocks were very excited today  ------------- Cheers, Raj "Que sera, sera, Whatever will be, will be; The future's not ours to see. Que sera, sera, What will be, will be. Que Sera, Sera!" |
Posted By: kulman
Date Posted: 06/Oct/2008 at 7:07pm
Parag bhai Are those Buffett-followers still active in markets? Do you see some panic among that crowd? ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: Vivek Sukhani
Date Posted: 06/Oct/2008 at 7:13pm
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dabaake lete lete dab gaye sab koi.......lute peete pade honge kahin...... ------------- Jai Guru!!! |
Posted By: paragdesai
Date Posted: 06/Oct/2008 at 7:58pm
Yes. Some what panic is there but many of them still confident of investing in stock market. Many new money is flowing in the market around me. I think they are sitting on very big surplus money. As RJ was mention in many of his interviews that Indians are very under invested in stock market than other developed & developing country. So perhaps they are responding to RJ's comment.
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Posted By: Vivek Sukhani
Date Posted: 06/Oct/2008 at 9:12pm
All I can say is that you are surrounded by some very lucky people, who seem to be living in some island far disconnected( read, decoupled) with the world ------------- Jai Guru!!! |
Posted By: paragdesai
Date Posted: 06/Oct/2008 at 9:32pm
Hi Vivek,
Time will tell how lucky they are but what I mean to say is many are ready to invest in present scenario.
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Posted By: kulman
Date Posted: 07/Oct/2008 at 10:48am
Parag bhai Please keep us updated on those Buffett-followers. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: paragdesai
Date Posted: 09/Oct/2008 at 9:27am
Kulmanji,
Today might be the day when people left with any degree of confidence will feel helpless. May be their confidence level will enter in negative zone.
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Posted By: kulman
Date Posted: 17/Oct/2008 at 11:22pm
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Any update Parag bhai ? ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: paragdesai
Date Posted: 17/Oct/2008 at 8:06am
Yes. Now they feel the heat & somewhat losing confidence.
See what happen next.
Now on investing fresh money they are cautious & following the strategy of wait & watch.
So it's a good indicator.
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Posted By: Hitesh Shah
Date Posted: 17/Oct/2008 at 8:27am
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Monday I will invest all my money in good quality stocks. This money I have seen in my e-mail account and is from several lotteries that I have won (without even buying ticket) and several inheritances (without knowing who the benefactor is). Also lots of Nigerian friends are helping me get more money. ------------- |
Posted By: kulman
Date Posted: 23/Jan/2009 at 10:00am
Parag bhai, any update on what are those Buffetts doing these days? ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: paragdesai
Date Posted: 23/Jan/2009 at 11:18am
Kulmanji,
Abhi lene ka jor thanda ho gaya he aur jo price me liya he wo price ki asha me bethe he. Ab wo price me nikalne ke liye ready he. Bas wo price ka intazar he.
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