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Yes, the twain of understanding shall never meet. The average income in India is Rs.3000 per month. That is a fact whether Chiddu, MMS or you all agree to believe in it or not. Sadly your Pride and self esteem does not increse the average income any more even in the year 2009.
Gap up middle class income is of no actual significance in a nation of 1.2 billion people. Sorry to rain on your parade....
netdo dear
HAAAAAAAAAAAAA
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Middle class means those in the middle. Not any one between Ambani and my dhobi.
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I think i said UPPER MIDDLE CLASS... there is a gaup opening for that level.. haaaaaaaaaaaaa...
You guys need to go and reread that thank the God quote that appaeraed yesterday or the last weekend in quotable quotes. RN, your definition of middle class in India is so screwed up I am stunned. 75% of the Indians live on $3 or less per day. Repeat after me 75% live on $3 or less. How can middle class have 5 or 10 crores? Even if you are math challenged, just think it through. Middle class means those in the middle. Not any one between Ambani and my dhobi....
lol dont depress me , m just thinking with my salary how many years before i even at least earn 1 crore never mind saving lol..it says processing erorr..number too bigger than imagination lol...
Ankitin,
Better hurry .. be very tight fisted.. count every rupee and spend it only on the very poor who are hungry or spend it on your dear dear ones... but never spend it on yourself or spoil yourself.. you may take yourself for granted but not your near adn dear ones.. i used to call my kids SWEETHEARTS now i call them cheathearts coz they are cheating their girlfriends maybe. .ha ha ha.. so although that cheatheart means a very lovable way of sweetheart it also has a double meaning lol...
The average upper middle class family in India has 5 crores... one boarder here by name chest50arms20 wrote that many upper middle class families have 10 crores at the minimum in cash assets.. this was way back in 2004 and i wondered how come i am so poor but inspite of trading i have not made 1 crore....
count me in. i dnt hv either..lol...
my brinlaw in US has 70 crores... he is a superspeciality doctor.. he has money to buy a private jet.. i am not their standard at all....
first tell me how many 0`s are there in one crore lol..if one had one crore cash they wont be wasting time doing day trading lol...
My brother has not one crore but 4 crores or mroe in cash but he wont tell me...
But i dont have it....
first tell me how many 0`s are there in one crore lol..if one had one crore cash they wont be wasting time doing day trading lol...
well most of things you said are true but you know what for some reason or other you will find more happiness in people and immediate family of theirs. may be coz they have grown up to just take care of themselves they learn to enjoy. Govt does help their cause a lot but than having less population and abundance of resources helps......
And no credit for saying REALTY will pick up today/ See from 2% down they closed4% up so one could have made 6%
now if u r asking me to call the markets to the T well its inhuman LOL ...
And no credit for asking to go long in OIL AND GAS and METALS daybefore?
LOL LOL
okay tomorrow i will put the most shameless disclaimers and be as free as Rajneesh was as far as his reputation among the holier than thou in India went..LOL...
And how will i know how or where markets will close.. isnt that supposed to be one of the many views here? I dint see undue pessimism at least... so dont you think that was a fair call? Of course the amateurs may skew the game a little bit but still the direction was correct.. so what reputation
Okay from tomorrow i am going to put a disclaimer I KEEP THE REPUTATION FOR FAILED VIEWS..
What a relief. .if anything i want to put my views and be free
The mornig was completely devoid of euphoria or volatility
The closing you should expect volatility coz i said we will close flat so whether you call it pullback or volatility its up to you.. i would say volatility is when it goes this way and that and confuses tradres... today it went down coz of global cues which was expected and pulled back ALMOST neat and straight except for that breif volatility for 10 mins during the pull back... so how much more can i see.. i can see as much as my BB tells me LOL.. come on we are discussing views......
What were did the market move against me? I said we would close flat so if you had gone long at day`s lows you would have made money.. and this is just a view.. i am not senior nor great technical analyst.. i myself am a disciple of the book TECHNICAL ANALYSIS for dummies.
Now you want us to put our views or not.. had i said markets will close negative you should get angry coz it closed positive. . in fact my call was kind of correct coz it meant the pessmism of the morning was uncalled for.
Now should i put my views or not?...
