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knair  
Joined on : 17th-May-2007
Belongs to :  Platinum
Posted : 980 messages
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I am 65 yrs old, retired from National Textile Corpn (NTC) as sales rep. Not a stock broker,nor a seasoned investor but started investing for the last two yrs thru ICICIbank. Getting great help from Moneycontrol.com and Economic Times.Read Messageboard and would like to be a member of it. I treat myself as a student in this line.

I have invested in banking, auto, IT sectors with limited amount.

My mail addresss is p_krishnan_nair@yahoo.co.in and a resident of Bangalore.

Hope MMB will have magnanimity in guiding me

knair
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06 Oct 2008 22:26
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GV,

I am sure of it.

Almost all of us would like to be in plus (+) not in minus (-). It means that most of us are positive in nature. But why should we get unblanced when we come to (-). It is just a vertical line away.

knair...
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06 Oct 2008 22:20
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Dear Shakti,

700 Bn is the tax payers money. US govt is facig the music of big financial institutions were playing all these years. They thrown the money everywhere as loan and credit for grabbing huge profit, without considering the risk factors. Our bankers were also fell in that jaal. Personal loan for anybody and everybody. But before it spread like a big mess, US proved that it was danger.

700Bn is not a luck but is a result of suffering a punishment for the crime committed by somebody else. This big money drawn out of the treasury is going to create problems. Bad things are still to come.

I had a policy in my life. If I have Rs.10, I should not spend more than Rs.9. I continued to stick to it. I knew if I spent Rs.11, I would be facing a deficit of not Re.1 but several times of that. The entire story rests with it.

knair ...
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06 Oct 2008 22:06
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Radhika Madam,

The 3 L loss is whar I see on paper, which a few months back was 3L profit. I want to blame somebody for this but see nobody before me for that. So I would take the blame on me.

When we are in the stock mkt, we have to play the game. So we will see red after green and vise-versa. I am sure of booking profit, one day. When I don`t know but optimist all the time.

The loss or profit is personal. That doesn`t upset my balance. But the Pakistani flag in Assam is giving me pain. Perhaps, Lalu and Mulayam may be congratulating those who hoisted the flag. Our enemies are within the fence.

knair...
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06 Oct 2008 19:29
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Radhika Madam,

Thats fine.

My investments now show 3 L loss, which a few months back were in green. While sitting idle, I go in for day dreams in which I book profits in lakhs only, no loss. I am alergic to parthenium, so is to loss.

However, I am an expert to change green into red. And I am deadly against the red flag. After seeing the green flag hoisted in Assam by our beloved vote banks, I became schizophrenic. I don`t know where I am now.

knair...
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04 Oct 2008 14:05
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Dear Radhika Madam,

But the literate folks seldom go for voting.

Some of us like me do not find a name in the voters list even after running after it years together.

When it comes to inflation figure, I always treated it as nothing but a figure which is formed from 1 to 10. It has no relevance with reality. It can be manipulated by the babus.

During my service period, I was forced to do so. For instance, when I prepared P&L projection for a particular month, it showed a loss of 3 lakhs. My GM fired me. He wanted a projection of 3 lakhs profit. Within minutes I reveersed it. It is magic. It is so simple!

GM got appreciation from the HO. He was pronnounced as the best GM as compared to other 16 units. But when it turned out to be 3 lakhs loss, nothing happened. We had to write a Ramayan. Due to that I became a writer and continue here.

knair

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lalitdeshpandey,

1166 is for one side journey. Add it for return journey also, difference of 68 is service tax, so it becomes 2400. Is it not the calculation of 2400.

If it is sensex figure, it does not fit any where. These days all experts become fools and all fools become experts. We have to judge which group we fit in. As far as I am concerned, I would like to be in the group of fools.

Moreover, we now live in a fools paradise. And still dreaming!

sorry for the interruption.

knair...
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04 Oct 2008 13:33
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Dear Shakti,

I had something else also to be added.

When luck comes, it does not identify an intelligent or a stupid person. Kahthe hai na - mila tho chhappar faad ke. Stock market is an akshaya patra. Lo Bhai, jitna chahiye to lelo. It always says. But if not taken what it offers,phir kya, doob javo, kaun rok raha hai.

And the addition is - we all are a combination of intelligency and stupidity. But luck does not recognise it. If it shines, we treat ourselves as smarter, intelligent -- you can add many more adjectives. And when it turns out to be unlucky, stupidity seems to be there in full swing. What else we can paint it, we can do so.

take it sportively.

knair ...
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