If US and with it the devlpd world goes into deflation..?

India is the only remaining large market with demographics, momentum, and labor intellect which can grow its way out. And not to forget that India has reached at this stage "Inspite" of its politicians and has one of the best reserve banks of the world. It is such an exciting time for a trader out of India - lots of short and long ideas without so much negativity. I invite traders to take advantage of this paradoxical market which will benefit from world wide deflation .

India is the most corrupt and manipulated stock market. The companies and the country fudge the books always. I don't believe you see such growth really. Answer 3 questions and I will change my view: 1, Last year the day after national elections, the whole market was higher by 15%. Did any stock market EVER rise 15% on one single day? 2, How come Satyam stock is still trading after scamming their books like enron? Is such a thing possible in any other country? 3, After the terrorist attacks in Nov. 2008, the market was higher the next 3 days? Oh really?

India is the most corrupt and manipulated stock market. The companies and the country fudge the books always. I don't believe you see such growth really.

Answer 3 questions and I will change my view:

1, Last year the day after national elections, the whole market was higher by 15%. Did any stock market EVER rise 15% on one single day?

Thats because the FII's and there clients "The Intelligent investors" had sold calls like no body's business and I was attending one of there tete-a'-tete where they were boasting how they know the outcome and have earned free money:). You really believe a corrupt country, as you say India is, depends on its politicians for growth:). Well so you know what happend monday morning, I was in dealing room. market opened in the morning for nearly 10 seconds not many trades done, call sqafre up jammed up the market.

2, How come Satyam stock is still trading after scamming their books like enron? Is such a thing possible in any other country?
Well actually I have to give it to the Indian govt n administrator here. Remember its not the organisation (which I believe is made of innocent employees) it some at the top who bring good companies to knees. This is what happend to Satyam , a company which is a month on month cash generating business. Well government intervened (no fiscal stimilus:) pun intended) and new management was brought in , not before company was sold in fair auction. well it still has to publish the revised financials, well but charts say something has changed.

3, After the terrorist attacks in Nov. 2008, the market was higher the next 3 days? Oh really?.....hahahahahaaaaa.....u guys are fools...In India dying from a terrorist bullets hs very low probability but high visibility.So India goes on to new days without being paranoid like some idiots:) .



Hehehe....If anyone here wants to enter into a private contract (write an out of the money call on Indian market , is invited to contact me we can do business.

India is the most corrupt and manipulated stock market. The companies and the country fudge the books always. I don't believe you see such growth really.

Answer 3 questions and I will change my view:

1, Last year the day after national elections, the whole market was higher by 15%. Did any stock market EVER rise 15% on one single day?

Thats because the FII's and there clients "The Intelligent investors" had sold calls like no body's business and I was attending one of there tete-a'-tete where they were boasting how they know the outcome and have earned free money:). You really believe a corrupt country, as you say India is, depends on its politicians for growth:). Well so you know what happend monday morning, I was in dealing room. market opened in the morning for nearly 10 seconds not many trades done, call sqafre up jammed up the market.

The newly formed government opened the printing presses. Wasn't it?

2, How come Satyam stock is still trading after scamming their books like enron? Is such a thing possible in any other country?
Well actually I have to give it to the Indian govt n administrator here. Remember its not the organisation (which I believe is made of innocent employees) it some at the top who bring good companies to knees. This is what happend to Satyam , a company which is a month on month cash generating business. Well government intervened (no fiscal stimilus:) pun intended) and new management was brought in , not before company was sold in fair auction. well it still has to publish the revised financials, well but charts say something has changed.

Corporation can still operate but how do they allow the enron-like stock to be trading. That is plain cheating. Trading the stock is different from running the corporation. I am not saying they should shut down the company itself.

3, After the terrorist attacks in Nov. 2008, the market was higher the next 3 days? Oh really?.....hahahahahaaaaa.....u guys are fools...In India dying from a terrorist bullets hs very low probability but high visibility.So India goes on to new days without being paranoid like some idiots:) .


Hehehe....If anyone here wants to enter into a private contract (write an out of the money call on Indian market , is invited to contact me we can do business.

It is human nature to be paranoid after such an event. People died in that incident, may be you forgot. Again, I didn't say markets should have crashed. But, going higher when something majorly devastating was happening? Yeah, right. Sure.

The Indian market will crash worse than others when it is time for the politicians and CEOs to take their money and run.

I just heard that the petro prices in India are about to be hiked again. Even without the hike, the petro prices stand higher now than when they were when crude oil was at 142$/ bbl. There is no doubt the government caters to the Reliance Industries than the average person.

Here is a comparison chart of gas prices all over the world. Notice how they came down in other parts of the world except in India: link

Yeah sure, as long as the government allows Ambani brothers to suck the people's blood, markets and Reliance stock prices will rise so they can build billion $ homes http://www.forbes.co...010-houses.html

Use i instead of * in that link above. This site is blocking the website's name thinking it is a profanity.

Edited by DrSP, 26 June 2010 - 04:45 PM.

Having spent seven weeks in India last year, I can confirm the following: India is a backward, foolish place with OVERWHELMING poverty that will NEVER be eradicated. The corruption is but one element. The major cities are a disaster area. Bombay was once a thriving, cosmopolitan city like Paris or Rome or Hong Kong. Now it is a dilapidated slum. The Indians couldn't even be bothered to repair the exquisite limestone buildings with limestones... they use cement instead. India is a third world country with all that that implies: no infrastructure, pollution, massive wealth disparity, grinding poverty, religious obsessions. I could go on and on. It is "cool" to say that India will rise out of this. It will not. It will forever be a massive blight on the face of the earth. For all their colonial shortcomings, the British tried to teach themm the basics of civic and common sense. It didn't wash. The Indians were not interested. The country is intrinsically immensely rich. It could have turned out like New Zealand or Australia or Canada. But no, they didn't listen. And now look what you've got....

Google is your friend

http://www.economywa...y-overview.html

Google is your friend

http://www.economywa...y-overview.html

let market speak about India!

http://finance.yahoo...p...q=l&c=^GSPC

Having spent seven weeks in India last year, I can confirm the following:
India is a backward, foolish place with OVERWHELMING poverty that will NEVER be eradicated. The corruption is but one element. The major cities are a disaster area. Bombay was once a thriving, cosmopolitan city like Paris or Rome or Hong Kong. Now it is a dilapidated slum. The Indians couldn't even be bothered to repair the exquisite limestone buildings with limestones... they use cement instead.
India is a third world country with all that that implies: no infrastructure, pollution, massive wealth disparity, grinding poverty, religious obsessions. I could go on and on.
It is "cool" to say that India will rise out of this. It will not. It will forever be a massive blight on the face of the earth. For all their colonial shortcomings, the British tried to teach themm the basics of civic and common sense. It didn't wash. The Indians were not interested. The country is intrinsically immensely rich. It could have turned out like New Zealand or Australia or Canada. But no, they didn't listen. And now look what you've got....

I have to differ with you on the religious tolerance but rest of the issues I can't argue.