Illogical reasoning regarding Market movements, presented in Economic Times (ET) creates panic in Dalal Street:
ET has been regularly doing this, may be in collusion with a BEAR CARTEL...I have mentioned that earlier also....because whenever the markets tries to make a base such news are common from ET....But then who will investigate the matter, when we are enveloped with such massive smokes of corruption....??!!
ET has been regularly doing this, may be in collusion with a BEAR CARTEL...I have mentioned that earlier also....because whenever the markets tries to make a base such news are common from ET....But then who will investigate the matter, when we are enveloped with such massive smokes of corruption....??!!
Let me now discuss one by one what has been unfortunately mentioned in Economic Times:
(i) //Firstly there is plenty more political news from Delhi from the CBI which will be unpalatable for the stock market. Some of them will be in Feb-March but all the way up to the end of the state election season in June, we will get a drip, drip, drip of bad news from Delhi. So that is the first negative driver. The second one is the last 4-5 months of political gridlock in Delhi has had an impact on industrial production and it will have a negative bearing on economic growth numbers. That will emerge over the next couple of months. That will have a negative affect on the market and finally EPS numbers for FY12 look unrealistic//.
My take: Before the elections any government in power will not like too much negative news about its performance to be out in public and hence it might ask CBI to go slow on the investigating "Drama". The point ot be noted is that if nothing could happen to the earlier telecom minister Mr.Sukhram after such a huge scam, then what will happen to Mr.Raja is known to all...What has happened to Abdul Rahman Antuley, in Maharastra as regards to scams?? A big Zero....!! In India's history has any MINISTER, been ever convicted during his/her lifetime for corruption?? This word "Corruption" is only for 'subjects"....because "Long Live the King". So, what you are seeing these days on television screens are just gesturing and posturing by the UPA and their cohorts, nothing more than that......good for entertainment....Please visit this site to know about India's tainted history of scams, URL: http://realityviews.blogspot.com/2011/02/list-of-scandals-scams-corruption-from.html....
Fnd out if any minister at any time has been convicted during office or not.........!!
So these are just time pass and we all know what will happen. On the flip side I shall be delighted if this "SCAM MONEY", finds entry into Indian capital markets and moves the Sensex above 40, 000 ......lol.....!!
Fnd out if any minister at any time has been convicted during office or not.........!!
So these are just time pass and we all know what will happen. On the flip side I shall be delighted if this "SCAM MONEY", finds entry into Indian capital markets and moves the Sensex above 40, 000 ......lol.....!!
Political brinkmanship is what is going on these days in the name of allegations and counter allegations...which according to me is just for "Public Consumption" and will will hardly affect the Industrial production numbers. It is like saying, becase I had some mosquito bites yesterday, I am not able to donate blood....Huh!! Strange are people and strange are their comments mentioned in a leading daily.
(ii) //The preference would be on everyone’s part to focus on large cap, also large caps have moved protected from the inflationary forces. So at this juncture, I would have the bulk of my portfolio in large caps around 30% in midcaps and say 10-15% in small caps. Even in the first 6 months of the recovery, the recovery will be large cap led this time//.
My take: One does not need to have the brains of a rocket scientist to know that when most of the large caps are trading at attractive valuations, one should go for them. That is why I have recommended Reliance Communications a couple of days back. Even www.equitymaster.com has been shouting since some weeks for buying large caps counters, because they are at very attractive valuation. Can you think of buying the shares of Reliance Industries Ltd at an unbelievable price of Rs.940?? If you do not believe please go and find at what price the shares of US's top business houses are trading...!! Moreover, without the hand of large caps the small and mid-cap would not move---simple as that. The recovery has already started and these kinds of "Planted news/stories in pink dailies" will not able to pull the markets down too much before the RAILYWAY AND ANNUAL BUDGET. These stories have one or two days shelf life......those who have shorted the markets today, reading this news might repent later.....just watch---this is the time to pick up stocks which are looking like delicious "Rasgollas" from the markets in any dips....!!
(iii) //There is a range of reasons partly linked to politics but partly linked to earnings and an economic growth scare which is on the cards, both the earnings correction, earnings estimate correction for FY12 and a growth scare for Q4 and H1 FY12 is on the cards. That will probably be the key catalyst that will push the Sensex towards 16000. So our advice to investors is that it is not yet time for bottom fishing . There is further to go before the market finds a bottom around 16000-16500//.
My take: The head of Ambit Captil seems to have been wearing a defective pair of glasses. When, both the India's Finance Minister and Prime Minister are talking of 8 % plus growth in FY11, it is strange how he is saying, "...an economic growth scare which is on the cards"!! I have seen in Bombay (Bollywood) that some artists come to the studio or set for "daring/bold" (read "intimate") scenes in movies after consumption of Liquor/Alcohol--don't know if this habit is prevalent in some television/newspaper interviews also.....SO MUCH DARING TALKS of economic scare might even let OUR FINANCE MINISTER FALL HIS CHAIR.
So the question is: Is the head of Ambit Capital privy to some LEAKED INFORMATIONS FROM THE FINANCE MINISTRY, which says, that the India's GDP growth would be very scarry and PMO is bluffing.....??!!
"Itna Locha hai in PMO, mein to kabhi bhi nahi Socha"....Huh!! Main to socha tha apna chokra "Mukesh/Anil bhai Ambani" ki hi only access hai PMO mein, ey naya "Rajkumar kaha se aa gaya....??!!"
Seems we have to write a new chapter in Indian economics in the days to come about leaked informations to some concerns....!!
The head of Ambit Capital mentions, "...and a growth scare for Q4 and H1 FY12 is on the cards", while he talks of buying securities in June, 2011.....because he says, "However if you want to call the bottom of the market and you want to buy right at the bottom, then my suggestion would be wait for 3-4 months". Seems this fellow is totally confused in what he is saying.....if there is an earning scare (according to him) in H1FY12, then how can the bottom be formed in June, 2011. H1FY12 will end in December, 2011, Isn't it..?? So how come June, 2011 becomes the bottom, UNLESS someone has some vested interest in June, 2011, or waits for some "Hawala" money to come from somewhere in June, 2011, to be invested!! This is the first time I heard that an analyst can tell where the bottom of an equity market is...because he says, "...you want to buy right at the bottom, then my suggestion would be wait for 3-4 months..!! So in the next 3-4 months bottom is coming, but then there is earning scare in Q4FY11 and H1FY12. Besides this, why there should be earning scare when the US and the world economy is recovering and India is doing absolutely fantastic.....??!! The problem with 24x7 news channels is that, you can speak anything and get away, because all know these are just for entertainment with hardly any "Food value", just like "Thumbs Up or Pepsi".
So all these are confusing.....there is an earning scare in Q4FY11 and there is another growth scare in H1FY12, but the markets will bottom out in June, 2011. Oh GOD please help me......WHAT TO DO WITH ECONOMIC TIMES with these kinds of "Time Pass" writings which pops up every now and then in ET (Really "Extra Terrestrial" things).........
The standard of Economic Times is falling like our Equity markets.......!! It seems ET and most of the business channels have understood that Shankar Sharma's delirium now fails to generate any interest among the investing masses, so they have decided to bring another Shankar Sharma, clone.....Woh Sikander!! Woh!!
(ii) //The preference would be on everyone’s part to focus on large cap, also large caps have moved protected from the inflationary forces. So at this juncture, I would have the bulk of my portfolio in large caps around 30% in midcaps and say 10-15% in small caps. Even in the first 6 months of the recovery, the recovery will be large cap led this time//.
My take: One does not need to have the brains of a rocket scientist to know that when most of the large caps are trading at attractive valuations, one should go for them. That is why I have recommended Reliance Communications a couple of days back. Even www.equitymaster.com has been shouting since some weeks for buying large caps counters, because they are at very attractive valuation. Can you think of buying the shares of Reliance Industries Ltd at an unbelievable price of Rs.940?? If you do not believe please go and find at what price the shares of US's top business houses are trading...!! Moreover, without the hand of large caps the small and mid-cap would not move---simple as that. The recovery has already started and these kinds of "Planted news/stories in pink dailies" will not able to pull the markets down too much before the RAILYWAY AND ANNUAL BUDGET. These stories have one or two days shelf life......those who have shorted the markets today, reading this news might repent later.....just watch---this is the time to pick up stocks which are looking like delicious "Rasgollas" from the markets in any dips....!!
(iii) //There is a range of reasons partly linked to politics but partly linked to earnings and an economic growth scare which is on the cards, both the earnings correction, earnings estimate correction for FY12 and a growth scare for Q4 and H1 FY12 is on the cards. That will probably be the key catalyst that will push the Sensex towards 16000. So our advice to investors is that it is not yet time for bottom fishing . There is further to go before the market finds a bottom around 16000-16500//.
My take: The head of Ambit Captil seems to have been wearing a defective pair of glasses. When, both the India's Finance Minister and Prime Minister are talking of 8 % plus growth in FY11, it is strange how he is saying, "...an economic growth scare which is on the cards"!! I have seen in Bombay (Bollywood) that some artists come to the studio or set for "daring/bold" (read "intimate") scenes in movies after consumption of Liquor/Alcohol--don't know if this habit is prevalent in some television/newspaper interviews also.....SO MUCH DARING TALKS of economic scare might even let OUR FINANCE MINISTER FALL HIS CHAIR.
So the question is: Is the head of Ambit Capital privy to some LEAKED INFORMATIONS FROM THE FINANCE MINISTRY, which says, that the India's GDP growth would be very scarry and PMO is bluffing.....??!!
"Itna Locha hai in PMO, mein to kabhi bhi nahi Socha"....Huh!! Main to socha tha apna chokra "Mukesh/Anil bhai Ambani" ki hi only access hai PMO mein, ey naya "Rajkumar kaha se aa gaya....??!!"
Seems we have to write a new chapter in Indian economics in the days to come about leaked informations to some concerns....!!
The head of Ambit Capital mentions, "...and a growth scare for Q4 and H1 FY12 is on the cards", while he talks of buying securities in June, 2011.....because he says, "However if you want to call the bottom of the market and you want to buy right at the bottom, then my suggestion would be wait for 3-4 months". Seems this fellow is totally confused in what he is saying.....if there is an earning scare (according to him) in H1FY12, then how can the bottom be formed in June, 2011. H1FY12 will end in December, 2011, Isn't it..?? So how come June, 2011 becomes the bottom, UNLESS someone has some vested interest in June, 2011, or waits for some "Hawala" money to come from somewhere in June, 2011, to be invested!! This is the first time I heard that an analyst can tell where the bottom of an equity market is...because he says, "...you want to buy right at the bottom, then my suggestion would be wait for 3-4 months..!! So in the next 3-4 months bottom is coming, but then there is earning scare in Q4FY11 and H1FY12. Besides this, why there should be earning scare when the US and the world economy is recovering and India is doing absolutely fantastic.....??!! The problem with 24x7 news channels is that, you can speak anything and get away, because all know these are just for entertainment with hardly any "Food value", just like "Thumbs Up or Pepsi".
So all these are confusing.....there is an earning scare in Q4FY11 and there is another growth scare in H1FY12, but the markets will bottom out in June, 2011. Oh GOD please help me......WHAT TO DO WITH ECONOMIC TIMES with these kinds of "Time Pass" writings which pops up every now and then in ET (Really "Extra Terrestrial" things).........
The standard of Economic Times is falling like our Equity markets.......!! It seems ET and most of the business channels have understood that Shankar Sharma's delirium now fails to generate any interest among the investing masses, so they have decided to bring another Shankar Sharma, clone.....Woh Sikander!! Woh!!
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