Its certainnly Chidambrum and Congress!! Look at his dhoti - its flying high!! All Majors crashes happen during Congress regime and they make tons of money... Something to think about ?.
Considering economy and annual growth current level of market is good. This crash is nothing to do with correction this happened only because of wrong statement at wrong time. Still we belive in carrot and stick rule whereas western has forget this rule accepted other ways. It should be slowly but safer if sebi would have ask fii's to provide identity of investors of whom's money they are investing in market. When money started flowing in RBI raises issue but that time SEBI and FM were sleeping and now all of the sudden they wake up and make statement. For crash don't blame
FII's the real culprits are Damodaran and FM. I am not writing this after reading somaiya's interview the fact I have written.
secondly when all European countries hv free trade y v shld b behind them n amke this stupid act. Wake up Indians let kick out this minister soon.......
in present scenario when india is progressing at a faster pace than US,our F**k minsiters r moving behind. I thnk Mr F**kng Chidambran was sleeping when mkt moved frm 15k to 19k.morever he is talking abt capital flows,its nt the duty of SEBI to chk capital flows,its RBI's duty.so its nw time fr Mr F**kng Chidambran to wake up and dont step into sum1 else's shoes. I am dead sure he must hv earned millions yesterday.This govt n their ministers r nt wrth.
RE:crash
by ManiKanda Prabu on Oct 18, 2007 07:55 PM Permalink
Well said akil. Moreover he don't have rights to enter into the market always and keep sweeping our pour indian's hard earned money.
In a nutshell, Most of the loss from the small investors went as a heavy profit to the politicians. Moreover PCs son itself a stock broker.
No one knows about this gentleman outside mulund or maximum mumbai. He is trying to cling on to something to keep afloat in media. He is creating more confusion in minds of investors rather than what he claims the other party is making. bogus, one more politician
RE:small time politician trying to make news
by manish agarwal on Oct 18, 2007 06:41 PM Permalink
and you think the FM is doing the right things...atleast someone has the guts to chalenge the FM
I think FM is involved with "mandi wala..." He has made comment when market is all time high. FM has played with sentimate of small investors. I think PM has to be taken interest and give statement and step down FM.
RE:stock market !!!!!
by Subramanian on Oct 18, 2007 07:11 PM Permalink
sir, this is a market of sentiments. Let the FM make a statement that SBI is real position is negative- In 2 days SBI will be running from pillar to post for paying the depositors. Having done the mistake FM should resign immediately. The congress regime played a dirty game with US64 investors. The responsible chairman of that time is having good time roaming around the world where as poor and old retired are still remebering those bad days.
The stock market is a buble built up by the so called economists for fooling the wealthy and mighty. But who gets cheated often is the middle class. A remedy will be 1.Mutual funds should be made to pay back the original investments whatever happens to market. 2. The price of mutual funds and equity shares should be freezed at maximum 30% per annum. Real growth of the companies can be shared with share holders by issuing bonus shares. All shares should be of same face value. Recently banks are offering interest rates for 156 days 146 days etc. I hope they will not say 16 days and 4 hrs etc etc. All this is allowed only to confuse the poor public.
The collection agents of all the credit card issuers are no1 goondas only. One leading banks such agents beaten up one such defaulter in front of me only.
As an engineer I have progressed far ahead of rejecting substandard out put and now we ensure quality output at any cost by controlling the quality of all inputs. We have a Justice department and they never ensure quality of justic
What a guy. He talks about complaiming against the FM and SEBI because they made the market crash. And then proceeds to advise 'each and every small investor' to book profits. Isn;t there a contradiction somewhere? And how can anyone assume that the market will only go up? It is ruled by just two sentiments, greed and fear, and events in the past two days have only served iterate that. So if you think you are above either of those two emotions, stay away from the markets at this stage at least.
RE:Crash!!!!!!!!!!
by Yuppie Indian on Oct 18, 2007 06:28 PM Permalink
You dont seem to have understood what he is saying?? He is saying that FM and the traders are speculating the market. It is like a bubble..So it is better for small investers to stay away. else they will lose money..
Corruption is everywhere. So, I won't be surprised even if these charges are found to be true. But, I don't care! Because the loosers are gamblers as well. The whole concept of stock market is based on gambling!
RE:RE:Corruption is eveywhere.
by santosh satpathy on Oct 18, 2007 09:27 PM Permalink
Investing in anything is a sort of a gamble. The money ur dad invested for ur education is too a gamble since the outcome is always unknown.
RE:Corruption is eveywhere.
by ManiKanda Prabu on Oct 18, 2007 08:03 PM Permalink
dude, we should not live with corruption. Atleast we youngsters need to think not like the older generation (i.e., Corruption)
