Step 1: Instal a dartboard
Step 2: Secure the darts safely in your hand
Step 3: Blindflod yourself real tight (mae sure not a single ray of light can reach you)
Step 4: Take a blind shot at the dartboard

Result: You will beat the median expert poll with a proability of 0.793 :-)...

Watch Fuld getting ragged (rapped? raped?!!) by the US lawmakers :-)...

Dear Osteoporous,

Just guessing.. you need to have the contract notes... Each FnO contract you enter into is unquely identified by the NSE! So i guess some redress should be possible.. If not with NSE, in the court of law.

Regards,...

LOLs Jatts!

Nothing like that.. but helps to have a plan (in it for the long haul)... I want to see a U shaped recovery :-)

...

All the global financial markets are down.... And no govt has been able to save them... Better maybe to be silent and watch, and maybe learn something for the next time happens....

Of course, the puts that is sold were my entry into the markets last year (august)... As of now, notional loss is less than ledger bal. But margin short.. so i am thinking in 2 years, shares in margin account should fetch some decent return, as opposed to cash in margin account....

BSR,

Just formulated my strategy if it falls further..

I have some sold 4300 puts (jun 2010) that are highly illiquid (sold long time back).

I think i will defend them.

So i am planning to pick 5 nifty stocks, and invest about 2-3 times my notional losses over the next few months (and use those shares as margin)...

Also hoping, that within 2 years, will get an opportunity to use the flip cash to 2 lots of futures strat...

What are your views on the stratgy (given that the puts i sold was a bad decision)

regards...

Dear raj_tibs, Thanks for the quick response. Actually the long options are available in Indian infoline trader terminal but not on ICICI Direct. I am somehow not very comfortable with India infoline, that is why I enquired. Regards....

Dear raj_tibs I have a query on the long contracts. In the present financial turmoil 3 years is quite a long time. What happens if the brokerage firm through which I bought a 3 yr long option does not survive? How are the investor s interest protected in such a hypothetical (but probable) case? Could you throw some light? Thanks & regards....

Boos shall I phone Houston and tell them the train has stopped.... n plz prepare for a rocket....jut kidin...

Of course, the puts that is sold were my entry into the markets last year (august)... As of now, notional loss is less than ledger bal. But margin short.. so i am thinking in 2 years, shares in margin account should fetch some decent return, as opposed to cash in margin account....

HNL, Targets achieved. Congrates!!! The next target nifty 7000 by 2009 is the one i will be waiting for....

It could get ugly for gold...... TORONTO - It was a gut-wrenching week for investors as the Toronto stock market wiped out $150 billion of value and bounced around like a pinball, and it`s likely there`ll be more of the same ahead as the global economy deteriorates and drags commodity prices down with it. "The situation is still very fluid, very much in flux," said Patricia Croft, chief economist of investment firm Phillips, Hager and North. ...

:) I hope there is no GOLD Bubble in future as no market can go forever! If everybody BUYs GOLD, then to whom will they SELL? Historically, Gold has never been able to beat Equity. :) Gud luk & happy investing! :)...