RN,

I have this feeling inflation numbers will go the same way as oil.. People said lower oil prices will help, but see what happens.. Inflation data could be read as the confirmation of sharp demand decline ..

Cheers...

OT,

It makes all the more motiviating to fix the Had i Only scenarios to `i really had it` ..LOL

Cheers...

Dear OT,

OTDF ( Derivatives Fund) sounds interesting with some good analysis and suggestions as dividends ..LOL..

Cheers...

You are right dear Pranks.. I just noticed those messages.. Anyway nothing new to share.. Its very uncertain and i feel its better to wait for the normaly to return atleast to some extent.. My indicator for the bottom is the last optimistic like you turning bear which hasnt happened..LOL..

On a serious note, i really feel we could be range bound atleast till elections.. I think fuel prices will be cut closer to the election.. Its already due now, but they might feel the public might forget it if the election is going to be in April.. There could be few more popular decisions and the companies could use this downturn to restructure the balance sheet as well..

We could come up with the list of stocks which reported decent numbers this qtr and follow them to see if they maintain their performance in the next couple of qtrs.. I think Tech will start to outperform again considering their huge pile of cash they are sitting on and the $ appreciation.. The crisis in US will increase the volumes in the medium term, though short term everyone is overly pessimistic.. Wait and Watch is the best for the timebeing i guess. Its clearly a trader`s market as of now ..

Cheers...

RN,

Most of our MLA`s are worth atleast few times more than this.. This is nothing for the president of world richest President..

Cheers...

Dear Mod,

You will be a very serious contender for the Noble Peace Prize at this rate ..LOL...

Cheers...

Wishing all our friends a very Happy and Prosperous Diwali. The time from last Diwali has been the worst is an understatement.. The gains of the bull market has been completely wiped out in few weeks.

One silver lining though is at this rate, we could down max for a week.. As Ashwini Gujral put it when the nifty was around 3000, we could fall 200 pts max for 15 days, but the market is falling 300 points a day to accelerate buying ..LOL..

Hopefully we will get some confidence back to start investing again and recover Most of the losses..

All the best for great year ahead..

Cheers...

Eshers, Yes good thinking.. could be true.. we are starving ourselves and CONGRESS is taking pride in the low inflation numbers.... can u believe every vegetable costs Rs 80 a kilo when dal itself is only Rs 40 a kilo... impossible.. no one can consume vegetables at such rates and ystday`s inflation data showed some dried rotting vegetables in the background.. WHAT A JOKE.. they dint even have a shot of a fresh vegetable.. so u can imagine the demand. LOL...

Eshers - you are one person who knows pretty well what the returns of OTDF would amount to (analysis, suggestions post facto of what could have been or depicting of `had I only...` scenarios). :) OT...

Earnings of India inc.... Last year 21% Then came down to 17 % and now will be in single digit.... GDP 6.5 in fy-2009-2010.................

Hi eshers, LoL good one...still laughing.. -MMB Moderator...

radhika_nandlal This is what the american president gets paid The President will be paid $400,000 per year (annually), and has a $50,000 spending budget, gets use of a fleet of special secure Planes known as Air Force One only when he is aboard it, and has use of the Presidential retreat, Camp David, among other privileges. However, the President must foot a lot of his own expenses, including dry cleaning, take out, etc. 400000 dollars = 19,016,000 Rupees 190 lakh rupees? that is 19 crores?/ after tax how much?/ Gosh what a salary.... and by the end of his term, he is worth 100 crores. WHOW! ms.nandlal........sorry to disillusion you but it`s a measly 1.9 crores per annum.......see what recession does to you even after downing 3 pegs of pure malt the zero`s refuse to blur! what a waste of whiskey i mean.....times are bad :(...

Gosh look at the kind of money in their kitty.... amazing.. wonder how it feels to be very rich.......

Eshy Arrey yaar.. learn to read ur replies board fully by submitting the **more** tab on the bottom-rite-hand-side of ur replies board....LOL Chk out the no. of msgs directed to U..... Lazzy bones! ....