I remember reading an interview with Mr.Sundar Iyer some 20 years ago. The question posed to him at that time was " Do you wait for break out to invest in a scrip?". To this he replied " I don't wait for break outs. We create break out."
If anybody wants to make very big money within a short time they can do so at times like 17.10.07. Wait for the market regulator to make some negative announcements(knowing fully well its implications but without taking any precautions and with least transparancy and with fastest retreat !!!). When the market crashes buy equities. Within an hour or even minute (may be even within a second!!!) either the regulator or the FM or connected officials bound to make a statement(past and present history confirms this)which results in scrips zooming high. Sell your holdings. Be a crorepathy(may be Chalis Azhar Crorepathis). Don't worry about any disgourgement order. This will not come in this type of cases. Nobody dares to pass such orders. At whose risk SEBI and FM are playing tricks. For funding whom and for what purpose? These are the questions in the minds of public. If the Finance Ministry and SEBI are really serious about the investors they should nullify the transactions that went through on 17.10.07 and 18.10.07 and also publish the names of the ultimate clients who made money on these days. Hats off to Sri Kirti Somayya for his intention to take a very bold step.
