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Trading Psychology
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kulman
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Quote kulman Replybullet Posted: 26/Jun/2008 at 8:15pm
Originally posted by smartcat

I would like to donate my 1000 shares of Jai Corp (taken on leverage, of course) to the revered Swamiji (along with the bank loan liability).


LOL ha ha ha

TLSJ confirmed with Swami ji's se*y secretary about this generous donation.

As per Mission, Values & Guiding Principles of the Ashram, he doesn't accept marked-to-market as well as marked-to-myth instruments. This, accoding to sources is due to some bad experience with an absconding firangi disciple who had donated CDOs & MBS related to US sub-prime.




Edited by kulman - 26/Jun/2008 at 8:54pm
Life can only be understood backwards—but it must be lived forwards
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basant
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Quote basant Replybullet Posted: 26/Jun/2008 at 9:38pm
Swamiji I have some old brokerage reports on the India Story and several research reports on sectors like real estate, infrastructure plus I have a 30 minute CD of the First Local where he gives four different opinions on the market depending on what the US economy will do. Can I donate all these to your library.? If you do not need them then you can use it in your yagna for which I can supply one barrell of crude purchased in black from the warehouse of ONGC in the late hours of an amavasya night at a subsidized rate of Us dollar 30!!!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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Quote smartcat Replybullet Posted: 26/Jun/2008 at 9:44pm

I have a 30 minute CD of the First Local he gives four different opinions  

Ha! I have the DVD edition from Last Global.
 
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kulman
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Quote kulman Replybullet Posted: 26/Jun/2008 at 9:57pm
Swamiji I have some old brokerage reports on the India Story and several research reports on sectors like real estate, infrastructure plus


Swami:
If they are A4 size. Bind them together & use the blank side of the pages as rough sheets. If both sides are printed, give it to young kids in the neighbourhood for making boats (kaagaz ki kashti) if monsoon is good.

I have a 30 minute CD of the First Local where he gives four different opinions on the market depending on what the US economy will do. Can I donate all these to your library?


Swami:
I'm afraid of such 'antaryami' people & look upon them as competition. Such people can talk for hours, give you all the four or six sides of an argument & leave you more confused than ever by being inconclusive. I guess that such expertise is taught in B-schools. But that's a real threat to my profession. Jai ho!


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Quote kulman Replybullet Posted: 30/Jun/2008 at 6:13pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Chameli  on Valuations
(TLSJ reporter)
 
TLSJ had a quick telephonic interview with  Ms. Chameli for her views....Few excerpts.

TLSJ: Hello.....Ms Chameli, what's your take on the current market scenario?

Chameli: Mister, I don't know much about economic forecasts. But I was told by my Gurus that in our profession it's not a great thing to do business when there's blood on the sheets whereas in capital markets, the best time to do business is when there's blood on the streets.

TLSJ: What do you feel about Valuation methology like SOTP (Sum of the parts)? Because most of the damage has been done to stocks which were valued based on this concept.
 
Chameli: Mister, SOTP is all bullsh*t which only works in Bull markets. Think rationally for a moment, when people do business with me it's more for the integrated core activity. It's not rational therefore to give higher value for the parts individually.
 
TLSJ: Ahem...tell us about some stocks where private placement was done at high levels to some well known FIIs. We see that those stocks are punished the most in this slide.

Chameli:
To be blunt, even I've experienced that when these fund managers do business with me in good times they give me lot of extra bakshish. See ultimately it's not their own money so they don't spend prudently. Similarly these private placement at premium valuations to FIIs etc is more an eyewash. Those institutional investors, fund managers, P.E. investors, VCs are mostly playing with other people's money. Unke baap ka kuchh nahin jaata.  Now in near future you'll see lot of those managers hopping jobs. 

TLSJ: Confused okay thanks.





For entire unedited version of the interview you need to subscribe TLSJ which is published at irregular intervals.






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kulman
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Quote kulman Replybullet Posted: 01/Jul/2008 at 11:50am
The Laal Street Journal
To     cut    a      Long      story      Short



बोले तारे, खोले तारे


  Pisces

Impatient and unwilling to compromise, you are quick to see the flaws, insincerities, and personal ambitions that warp the functioning of capital markets. You are likely to find yourself being a fish out of the water mainly on fiscal, economical, global and social issues.

You might get a feeling that your zodiac sign should have been spelt as Pisses.


Having said that, remember that fate sends opportunity your way if you listen to your instincts with rationality. Enter the next few months or rather years with extreme caution. You cannot take anything for granted because it may come back and haunt you later.

Every day you will receive minimum 21 unwanted calls on your mobile phone. Out of which...

6 from Broker with an s-o-s message for margin calls.

5 from your existing bankers demanding overdue payment for EMI towards housing and/or vehicle loans.

4 from new generation private banks for selling you financial services like loans, insurance, credit cards etc.

3 from loan sharks threatening you with damage to your private parts.

2 from your spouse

1 wrong number.


Physically, you need to be gentle with yourself and take care not to dissipate your energy reserves. The same applis to your finances as well. Your imagination can run wild now, and you want to act out a fantasy or strange desire.

However, if you are a real investor, which very few market participants are in reality, this is a very fertile time to pursue your imagination.

 Jai ho!

---Swami BhagyeLaal
www.future_is_not_in_futures.com





Disclaimer: TLSJ is not responsible for any consequences. The descriptions given or predictions are not meant to cause any harm to any living or soon-to-be-dead persons. Any resemblence to any of the Laal family members or current market conditions is purely coincidental. Astrologists it must be noted are no better than stock market analysts.



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kulman
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Quote kulman Replybullet Posted: 03/Jul/2008 at 10:27am
The Laal Street Journal
To     cut    a      Long      story      Short



बोले तारे, खोले तारे


  Aquarius

You have the ability to inspire a friend by telling him/her stories on how to make quick buck in stock markets. This intelligence of your's has been responsible for bringing a lot of misery to individuals in your circle.

Your known, familiar and regular environment is changing now, whether you like it or not. How well you adjust to this is totally dependent upon how adaptable and flexible you are by nature.

New relationships may begin now and old ones may end. Someone or something in your environment like expert analysts or brokerage reports on economic outlook may have a disturbing effect on you.


Ambition is a powerful motivation and can lead you into conflict if you let it get out of control. There are better deals out there, but vitamin-M they may be difficult to find.

If you are a regular tippler your drinking partner(s) might quiz you about your new found love for IMFL brands such as Bagpiper, Officer's Choice, Green Label. You may lie to them that most of the premium brands are spurious nowadays.

Spice up your love life with an intimate dose of romance. Though you may find that with P/E de-rating, you are suffering from Premature Ej*****n. Avoid watching portfolio tracker or business TV before going to bed.


Jai ho!

---Swami BhagyeLaal
www.future_is_not_in_futures.com





Disclaimer: TLSJ is not responsible for any consequences. The descriptions given or predictions are not meant to cause any harm to any living or soon-to-be-dead persons. Any resemblence to any of the Laal family members or current market conditions is purely coincidental. Astrologists it must be noted are no better than stock market analysts.


Life can only be understood backwards—but it must be lived forwards
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kulman
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Quote kulman Replybullet Posted: 04/Jul/2008 at 9:11am
The Laal Street Journal
To     cut    a      Long      story      Short



बोले तारे, खोले तारे


   Capricorn

Understanding how you are where you are today might be clouded by some other global & local political factors.

Try to separate your current position by looking at them without any criticism and within the framework of others' portfolio returns.

Relations with family members or those you live with may not be cordial during this time. You would be short tempered & might get upset over trivial issues.
Your communications with others take on a new level of depth at this time. Secrets come out into the open and you will realise: You only find out who is swimming naked when the tide goes out.

Taking a leveraged path may get you to your destination sooner. Yet remember that both  rahu & ketu (disguised as futures & options) are against you. You succeeded last year by playing into liquid scrips such as IFCI & RNRL. The same  liquid side of the markets will now haunt you affecting your own liquidity & even difficulty in passing liquid.

Avoid going to the places of worship on weekends as you may bump into your old dealing room buddies.

You can realize your objectives over this period but they will take very longer than usual to achieve.

Jai ho!

---Swami BhagyeLaal
www.future_is_not_in_futures.com





Disclaimer: TLSJ is not responsible for any consequences. The descriptions given or predictions are not meant to cause any harm to any living or soon-to-be-dead persons. Any resemblence to any of the Laal family members or current market conditions is purely coincidental. Astrologists it must be noted are no better than stock market analysts.




Edited by kulman - 04/Jul/2008 at 9:16am
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