Americans Became More Intelligent by letting a set group of private bankers to control the world's financial sentiments through the FED -- read with article Who cares for the dollar? Not the Fed, surely!--
It is in the best interest of every investor to stay away from investing in such companies who have more than 30% of their income accruing from US and nearby countries.
It is better to be safe than sorry.
And please someone convince the SEBI to fix a limit for FII's daily trading activity, they are the real culprits who are making every investor to lose their money.
If it was not for the FII's trying to withdraw their money during the 1st half of january we wouldnt have seen such a carnage in the stock markets
So please somebody explain SEBI to do something about controlling these FII's
RE:Americans will run like hell
by Sivakumaran on Feb 01, 2008 05:32 PM Permalink
if they were not there in the Market you would not be getting such kind of returns as well.
RE:Americans will run like hell
by Fab Reens on Feb 01, 2008 04:51 PM Permalink
FIIs are not the only manipulators of our markets. Don't forget the bulls like Ketan Mehta, Rakesh Jhunjhunwala, Ambani bros., and now a host of other corp. chaps who stay behind screens and direct. Lungi no. 3 at SEBI (Damodaran) has done his job. He'll be retiring now by the end of Feb 08.
RE:Americans will run like hell
by anil pinto on Feb 01, 2008 05:10 PM Permalink
My dear Mr. Reens it precisely the 3 lungi's who have helped the economy of our country grow, and you seem to be quite an expert going by your comments am really curious to know how exactly you are doing on your economic front before you comment on our leaders.
RE:Americans will run like hell
by Fab Reens on Feb 01, 2008 05:33 PM Permalink
Lungi No. 1 (Chidambaram) has made 'timely' comments to either precipitate or levitate the markets. Rumour mills say he's made unimaginable money in the markets - maybe some for his party. Lungi No. 2 (Reddy) has destroyed private banks nurtured by non-congress govts. Even when esteemed foreign org.s were ready to take over. Has shown ability to do flip-flops on policy matters to do Centre's bidding. Lungi No. 3 (Damodaran) - if you know how SEBI has worked in the last 3 yrs, I wouldn't have to say more. Even now, when faced with such a big crash in the market, how come SEBI has not initiated any inquiry to get at the real truth why our mkts. crashed now, or why were they were going up when rest of Asia was crashing??? It's all in timing, my friend. They are our respected leaders, but 'daal mein kuch kala zaroor hai!'
RE:Americans will run like hell
by psycho on Feb 02, 2008 04:22 AM Permalink
hey don't use "lungi" -- such words these guys have acheived a lot in life. If you think you r smart enough , why don't you take their position. no you can't , first of all to reach such position you have to slug it out for 20 years in some government office. you can't do that. I guess you r not capable of that. BTW , these people didn't tell you to invest.
