Winning Strokes:

Ennore Coke Ltd recommended to the Paid Groups, a couple of days back gave more than 30% in less than 7 days. Amazing!! What is the real story now........why is it suddenly rising???!!!

Videocon Industries Ltd recommended on 1st October, 2008, to the Paid Groups in the Morning Mails, rose up by more than 13% on the news that the govt revived the proposal for allowing 100% FDI in electronics and sports goods retail.

This line was mentioned on 1st October, 2008 to the Paid Groups: "The govt revived the proposal for allowing 100% FDI in electronics and sports goods retail. This is very good news for the companies like Videocon Industries Ltd. This is very good news for the companies like Videocon Industries Ltd." I think most of the Paid Group members made money from this scrip.....

All the Nuclear Deal related stocks or defence related stocks (KEC International Ltd, BGR Energy Ltd, CESC Ltd, Reliance Power Ltd, BHEL, L & T, Premier Explosives Ltd, HCC etc.) are expected to shoot up in the coming days. BGR Energy Ltd has very recently being recommended by Kotak Securities Ltd.

Infosys Technologies Ltd recommended a couple of days back also rose up by more than 4% on last Friday. Patni Computers Ltd recommended to the Paid Groups rose by more than 7% on 1st October, 2008----both the scrips gave huge intra-day gains. All the technology counters (IT Counters) are expected to do well in the coming months due to rapidly changing (read improving) fundamentals of the US economy.

The Real Estate/Construction stocks are expected to do well in the coming months as the inflation is going to fall further in the coming weeks and the RBI is expected to cut down the CRR of the banks. I am very bullish on Banks, Real Estate/Construction and Power.

Among my recently recommended counters in the banking sector on last Friday, Yes Bank, SBI, etc did well, while Dena Bank, DCB etc. closed flat before cooling down a bit.

The Sensex is expected to reach 21, 000 by October, 2009 and by 2010 end we could see 40, 000 on the Sensex. By this "Deewali" we could see 17, 500 on the Sensex and 5500 on the Nifty.

If even after a MASSIVE BAIL OUT PACKAGE of $700 Billion dollar, if the US investors looks at some trivial things like employment data (if industries are to be made competitive in a depressing environment it is obvious that they will cut job----what is great news about it. I would consider it to be a positive news for the markets) or some such foolish things to decide on investing in the stock markets and feel depressed then God Help the US investors and their analysts......

If some "Investment Banks", whose employees talk like supermen in front of Television Cameras (the Hemendra Kothari variety) take leverages which are not in tune to their coffers what would the Government in a free economy do, unless these erring banks fall due to their own weights.

The Bush administration is doing all that it could to correct these aberrations with the help of Democrats. It is good to see how in the US both the major political conglomerates are working hand and in hand to pull the "elephant out of the mud", unlike Indians.....

We are better off in India.....!!!! I think Indian investors and analysts are better equipped than those overseas-faces which we see everyday on Fox News or CNBC TV18. CNN however has better breed of financial journalists but most of them are boring, lacking presentation, like Lata Venkatesh of CNBC TV 18.

What I feel is that CNBC TV18 should use the services of charming and talented Ayesha Faridi more to increase the TRP of their channels......like NDTV is using Shabani Bagai these days.

Lata tried in vain to create a sensation with his new catch, William B, but unlike big "B" of our own Hollywood, this gentleman probably from London School of Economics, only used his "B" to "Bore" the viewers/ audiences.

It seems English Media (Financial Channels) has insatiable love for overseas economists, most of whom are junk and parrot the same thing time and again (Ambarish Baliga, Ved Prakash Chaturvedi etc. variety). I am disappointed to see how William B mixed up the simple AIG case with the Lehman Brothers' case, without understanding the fact that AIG is an insurance company and it is natural that it could be affected, when the whole of the financial system is in turmoil!! But then it has already been bailed out, so where is the problem!!

Here in India, after the new political equation assumed power at the centre, "bomb culture" has become order of the day. I have already mentioned earlier that when a Bomb drops or explodes in a place it will not distinguish between a Hindu and a Muslim--it will summarily kill all those who in the proximity of that bomb.

Now Christian Missionaries have started giving lessons on how "conversions has taken place without use of any money or other such baits". I do not understand why they do not answer to this simple question, "If God is same,which all the religions around the world preaches, what is the need for conversion at all....."? So the truth lies somewhere.....!!!

I am of course an atheist......as I do not understand the concept of "God" and would prefer to study (or do some research) or practise music, or play chess or take some rest, etc. than spending my time in a Temple or a Mosque.

Buffett: My fix for the economy

Investment guru proposes his own solution to the credit crisis after warning that the $700 billion bailout may not be large enough.

Warren Buffett said Thursday the pricetag of the controversial $700 billion Wall Street bailout may have to rise, and suggested that Treasury team with private investors to buy the distressed mortgage assets at the center of the rescue plan.

Buffett, the chairman and CEO of Berkshire Hathaway, likened the recent turmoil in the markets to an "economic Pearl Harbor" and said that the economy needs a quicker response than Congress has provided.

"We had an economic Pearl Harbor hit," he said during an appearance at Fortune's Most Powerful Women Summit in Aviara, Calif. "For a couple of weeks we've been arguing about who's fault [and] fooling around while things have gotten a lot worse."

On Wednesday, the Senate passed a $700 billion bailout package. The House is expected to vote on the revised bill on Friday, four days after rejecting an earlier version.

"It will cost more to solve this problem today than it did two weeks ago," said Buffett, referring to when Treasury Secretary Henry Paulson's first proposed that Congress help rescue Wall Street, which has seen the collapse of Lehman Brothers and Bear Stearns and the sale of Merrill Lynch. "It's that bad. If we don't get it solved next week, I may go back to delivering papers."

He didn't estimate how much more money would be needed to buy enough toxic mortgage investments in order to create a more stable market and get credit flowing.

Finding a price for distressed assets

But Buffett described a plan he thought of Thursday morning on the way to the Summit that would allow Treasury and private investors to buy assets together. He said his proposal would quickly kickstart demand for mortgage-backed securities and help find a market price for these troubled assets.

"One easy way to do part of the program is to say to anybody - hedge fund operators, Wall Street firms, or anybody else - that the Treasury will lend you 80% of the purchase cost of a bunch of distressed assets," he said, explaining the concept of his proposal. The investors benefit from borrowing at lower rates, but Treasury would get first claim on the sale of those assets, which means it would get its loan back plus interest and possibly turn a profit.

"Now you have someone with 20% skin in the game," he explained. "Believe me, I won't be overpaying if I'm buying with that kind of leverage. And you have someone [the investors] to manage the assets to the extent they need to be managed."

Buffett said that the bill that passed the Senate Wednesday evening isn't perfect, but that it's crucial to prevent the global economy from grinding to a halt. He then warned it will take a while to work and that the economy is going to struggle even with its passage.

He said the problems now facing the economy are unprecedented, and likened the the crisis to a great athlete that has had a massive heart attack.

"We've never seen anything like this where perfectly credit-worthy companies can't get funds," he said.

"Anyone who thinks this bill is a panacea is [making] a mistake," he said. "Without it, it's a disaster."