Bulls Roar in Dalal Street: Fools Roar in Vain Pursuits:
The Paid members were asked to accumulate the scrips, a couple of days back, when
everybody were in selling mood or were predicting 4500 on Nifty. Most of my
RECOMMENDED SCRIPS MOVED NORTHWARDS today much to the displeasure of my critics, who only see Northgate Tech, Glory Poly and Sanguine Media as my only recommended scrips. Let someone give a little good advices to these blinds and ignorants or in simple terms--Idiots.
Anyway, what I feel is that the market has
found a bottom and the next stage of rally has started with the
beginning of monsoon in the whole of India. Good monsoon is expected to
reduce food inflation which has somewhat took away the night's sleep of our Finance Minister..
In my view, the markets are in the early
stages of a significant rally that could last for several months;
although the economy may grapple with debt-strapped consumers and
other factors that led to economic collapse.
However, it
should be remembered that significant market rallies have historically
taken place during times of economic rebuilding.
Moreover, though the problems that led to the financial collapse were
significant, but no one should underestimate the power of the massive
governmental interventions deployed to re-ignite growth around the world.
Monetary stimulus supposedly acts with a lag of about 12-18 months and the effect of some of it are being seen in the US and much of it we are expected to seen in Europe in the days to come.
Throughout much of 2008, the Federal Reserve undertook unprecedented
efforts to jump-start the economy, and in the fall, countries around the
world followed. While the continuing problems within the U.S. the economics crisis has now crossed its shores to land in Europe. However, we are beginning to see the signs
of stabilization in the United States and Europe will also soon go the US way. Asian and Latin American economies have nothing to fear as of now---so the conclusion is that: we are probably at the beginning of a massive Bull Market.
REMEMBER A BULL
MARKET ALWAYS BUILDS UP ON SKEPTICISM.....
Refex Refrigerants Ltd recommended a number of times in this blog and also to the Paid Groups only some days back, almost hit the buyer freeze, before the start of the renewal energy projects. The company has applied for carbon credits to the international bodies as it is into the making of eco-friendly gases. Refex Refrigerants Ltd is a potential multi-bagger for future. You can visit its web-site: www.refex.co.in for more details on the company.
Sterlite Industries Ltd recommended a couple of days back to the Paid Groups, reached it intermediate target of Rs.632 as the stock crossed Rs.644 today. United Phosphorous
Ltd recommended to the Paid Clients around Rs.173--178, touches Rs.187
today in the late trade.
Sicagen India Ltd recommended a couple
of days back, moves up by 4.81 %.....
Sanguine Media Services Ltd touched Rs.3.69 before closing flat but generating good volume. Just buy the shares of the company in bulk (at least 50, 000) and keep it holding till 2012-13 (or may be earlier). This is one of the scrips where I can assure you return over a period, like Ennore Coke Ltd or Premier Explosives Ltd.
| April 2010,
property prices in India showed a marginal decline of 2%. |
| This decline in
National MPI can be attributed to drop of property |
| index in key
cities - Mumbai (-9.6%),
Hyderabad (-3.4%), |
| Chennai (-3%) & Pune (-1.8%). Bucking the trend
Delhi, Ahmedabad |
| & Bangalore
indexes gained 10%, 8.2%
& 2% respectively
whereas |
Kolkata index
remained stable.
I have been saying about the expected fall in the property prices in Mumbai (Bombay) since the last couple of months and now see what happened. But a group of market-men are recommending property stocks to clients, with the slogan, "We have said when the others will sell we will buy" as if this is a rule.....Huh!! |
.
In another significant development, a marketmen, who himself forwards a number of weekly magazines to the clients illegally (showing his thumb to the copyright acts of Indian Union) apart from forwarding the calls of some well-known web-sites (or advisory services) wrote a long letter in some Yahoo Groups talking about forwarding his calls and the great crimes involved in it...
Agreed, that forwarding of the calls of other Paid Groups (without even mentioning their name) to earn money is faulty and should be stopped....Even I am a victim of such blatant flouting of law and need something to stop these cheats......
But what about the person who himself is involved in this crime but would like to present himself as "“Holier Than Thou” ??!!...When one is staying in a glass house he should not point figures at others...Isn't it ??!! A thief calling others a thief...!!! This is not fair boss....!!
This fellow used to do the same thing with my Paid Group calls which he used to get Free from me due to good relation. After, I heard that he is forwarding my calls to his Paid Groups, I stopped service to him and removed his name from list; though he pleaded many times to include him in the list, swearing in: not to repeat the same fault again. But Suman Mukherjee is very strict in certain matters.....
Now the things have gone to such an extent that he has started playing God, saying he can give exact levels of buying and selling of scrips!! And gullible investors fall prey to such attractive slogans.
What I feel is that someone should patent his great formula (or should we say "Winning Formula") and could possibly sell it to the likes of Rakesh Jhunjhuwala or Warren Buffet, the two greats, who till today could not device such a magic formula. This might give them some insight as how to buy scrips at exact prices and sell them at exact prices!! Huh!!
I wonder why he does not himself take loans of few billions (1 Billion= Rs.100 Cr), from banks or NBFCs, invest in scrips and then become the richest man in the world in matter of few days; instead of opening a Paid Service, giving calls and taking all the hassles??!! This would have been much simpler isn't it....I need to talk with my friends like Vikram Solanki, Ashish Chugh, Vijay Bombawani, etc. if they knew how to predict exact bottom and top of scrips. I urgently need to talk with the ace investor from Kolkata, Mr.Siddhartha Chatterjee, CA & CS, if he knew about such magic formulas!!
In this context I remember a line of Amir Khan from the movie: Three Idiots: "Tu andar rahe bhai, bahar mat aa....bahar bohut circus hai" ..... Indeed this world is so much full of circus including the stock market, that I sometimes feel that William Shakespeare said the correct thing in As You Like It:
"All the world's a stage,
And all the men and women merely Players;
They have their Exits and their Entrances,
And one man in his time playes many parts…"
What I feel is that, there should be a limit to bluffs and caricatures----building castles with sand does not last long. There is one joker (who says he is an engineer--did not SEE such headless fools in my life nor did I see such models among my classmates) named Amit Aurora of Delhi, who thinks Suman Mukherjee only represented Northgate Technologies Ltd and it is the worst stock in the world, inspite of lot of developments in the company off late. He fails to understand that stock market is sometimes driven by sentiments alone, phoo phooing the fundamentals. I do not know how to deal with the donkeys like Rajeev Ranjan (who was first given free service and then given heavy discount on the Paid Service, when he begged for the same), a Bihari (who are called Bhiaiyas in Bombay and were the worst sufferers in the last Raj Thakrey episode) who says he works for RBI---don't know how morons started getting entry into the Premier Institutes like Reserve Bank of India or is this just another case of bluff....Huh!!
Bhai I am into the market for more a decade and hence don't think you can escape my eyes committing crime or distributing crap against me or my well-wishers like my brother, Arun Mukherjee----my sources will catch you from, under the sea and nail you in a small time.
Hence don't think that you have become too smart to outsmart me.....Suman Mukherjee is not a fluke or a canteen boy who could be bought by giving him a cup of tea. Lot of hardworks put me in this position. Hence try to remain where you are and stop these nonsenses. There should be a level of tolerance......after that bubble is sure to blast....!! Keep your craps away from my eyes or else you will be made naked in this blog....
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