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The Laal Street Journal

Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Trading Psychology
Forum Discription: Discuss the psychological aspects of trading such as fear, greed and discipline. Why stocks are bought like perfumes and not groceries.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1297
Printed Date: 22/Apr/2025 at 8:52am


Topic: The Laal Street Journal
Posted By: kulman
Subject: The Laal Street Journal
Date Posted: 21/Oct/2007 at 1:23pm

Pleased to announce on the auspicious occasion of Dassera, the launch of a new trendy weekly tabloid. This will cover the news, events, non-events, crashes & accidents of the previous week. Needless to say, the focus would be mainly on Laal Pariwar & Capital Markets.

And the name of the weekly tabloid is.....
 
The Laal Street Journal
 
Watch out for inaugural issue coming up soon.
 
 
Note: TLSJ is recruiting and looking for smart & active investigative journalists. Prior experience in sting operations preferred but not essential. The candidates should have fire in the belly (not elsewhere).
 
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards



Replies:
Posted By: smartcat
Date Posted: 21/Oct/2007 at 1:28pm

TLSJ is recruiting and looking for smart & active investigative journalists. Prior experience in sting operations preferred but not essential. The candidates should have fire in the belly (not elsewhere). 

Yeah, yeah. All that is fine. But show me the money. You have spoken much about the remuneration?
 


Posted By: Vivek Sukhani
Date Posted: 21/Oct/2007 at 1:31pm
I met one of the lals yesterday as I was on outing and he is a school bummy of mine...... has suffered during this load shedding of power sector as he went long in REL and tata Power and tried to do a value hunting after a 7 p.c. fall in them from the peaks and now is hunting for the value for the proposed public issue prce per share of Reliance Power. He is trying to do a sensitivity analysis and a what-if analysis in case Reliance power issue doesnt succeeds. SOS


Posted By: Vivek Sukhani
Date Posted: 21/Oct/2007 at 2:07pm
Hey, if you launch an ipo for this journal in the RHP, also promise a launch of SMS(save My soul) services being launched in no time soon as well.....


Posted By: kulman
Date Posted: 21/Oct/2007 at 2:12pm

Hey....forgot to mention the tagline of new tabloid....

 
The Laal Street Journal
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Candidates....thanks for the overwhelming (?) response. Since it is a kind of start-up venture, remuneration would be discussed upon achieving at least break-even.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: omshivaya
Date Posted: 21/Oct/2007 at 2:38pm
Excellent initiative. Keep it going guys. By the way, Happy Vijaya Dashami  to all. Cheers!

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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it


Posted By: basant
Date Posted: 21/Oct/2007 at 10:03pm
Kulmanji hamko bhi Guest editor banayiye kabhi!

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'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


Posted By: kulman
Date Posted: 21/Oct/2007 at 10:28pm
Big%20smile The Journal is open for all.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kg
Date Posted: 21/Oct/2007 at 11:01pm
Looking forward for the first release

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Lets rock


Posted By: us121
Date Posted: 21/Oct/2007 at 11:05pm
First Order:

Kulmanjil send one copy to me.
(under complimentary subscription)Wink


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ABILITY will get u at d top. CHARACTER will retain u at d top


Posted By: kulman
Date Posted: 21/Oct/2007 at 10:05am
The Laal Street Journal
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Richest Indian Worried
(TLSJ reporter)
 
According to inside information from unreliable sources, the richest Indian who has interests in Oil, Gas, Refinery, Retail, Life Sciences and allied sectors is a worried man..
 
The reasons he's worried are plenty:
  • Yen carry trade
  • Sub-prime & credit market crunch in USA
  • Rupee volatility
  • P. Notes issue, FII pull-out
  • Nifty likely to breach 20-DMA and even test 200-DMA

So, because of these factors, he is believed to be planning to sell some of his businesses. He would soon order the Refineries to stop processing & is also mulling asking 32.8 % of his staff to go on leave. The plant can always be re-started when Nifty holds crucial support levels.

In a unrelated development, CEO of a leading Pvt bank in India is rumoured to be considering closing down of 40% of branches because of global turmoil.
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: basant
Date Posted: 21/Oct/2007 at 10:11am
Absolutely stuning stuff! You have opened the eyes of all investors who would have dared to doo stupid things on this Monday morning!

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'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


Posted By: xbox
Date Posted: 21/Oct/2007 at 10:14am
Kulman jee, Mr Doom is believed to be requesting to TLSJ TV reporter to arrange an exclusive interview but reporter is asking him to arrange sponsor for the interview. Did he contact you or your colleagues ?


Posted By: deveshkayal
Date Posted: 22/Oct/2007 at 4:40pm
Plz colour the word Laal.
 
Kulmanji, plz start the Q & A section with questions like "Where is the market headed" and you know what to reply....It will be great fun.
 
Congrats on this newspaper !! If advertising agencies are to be believed, advertisers are queing for a space in this newspaper ! Hardly any inventory left.


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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett


Posted By: tigershark
Date Posted: 22/Oct/2007 at 4:45pm
buffet made it big  by buying and selling newspapers literally

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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things


Posted By: kulman
Date Posted: 22/Oct/2007 at 10:38pm
The Laal Street Journal
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Commotion at SEBI's HQ
(TLSJ reporter)
 
A riot like situation was reported by our journalist from SEBI's HQ. As per unconfirmed reports, the reason for the ruckus was conversation between Investment Bankers handling Rel Power's IPO and SEBI seniors which went like this:
 
SEBI: "Sir don't you know the meaning of RHP?"
 
iBanker: "Yes Sure Saab, it stands for Red Herring Prospectus, doesn't it?"
 
SEBI: "No.......it's Range Haath Pakadna"
 
iBanker: "Then what's DHRP, your excellency?"
 
SEBI: "Dekha... Range Haath Pakda !!"
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: basant
Date Posted: 22/Oct/2007 at 10:44pm
Originally posted by kulman

The Laal Street Journal
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Commotion at SEBI's HQ
(TLSJ reporter)
 
A riot like situation was reported by our journalist from SEBI's HQ. As per unconfirmed reports, the reason for the ruckus was conversation between Investment Bankers handling Rel Power's IPO and SEBI seniors which went like this:
 
SEBI: "Sir don't you know the meaning of RHP?"
 
iBanker: "Yes Sure Saab, it stands for Red Herring Prospectus, doesn't it?"
 
SEBI: "No.......it's Range Haath Pakadna"
 
iBanker: "Then what's DHRP, your excellency?"
 
SEBI: "Dekha... Range Haath Pakda !!"
 
 
 
 
Array bhai ab Shantanu bhai ki tarah Marathon Ambani bhi TED pe ayenge lekin unka paigaam kaun layenge?
 
Prashantji kya aap kuch farmayenge?LOL
 


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'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


Posted By: kulman
Date Posted: 23/Oct/2007 at 1:25pm
The Laal Street Journal
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TLSJ Exclusive: IT Biggies to Di-worsify
(Our reporters from Bangalore, Hyderabad, Chennai)
 
There was a secret Video Conference between CxOs of four IT biggies this morning to ponder over present scenario & future of IT, ITES sector in general & mull diversification.  In an exclusive sting operation our hackers could eavesdrop on some portion of the conversation. Here's a slice of it....
 
CxO-i: "Gentlemen, since our sector is not performing well on the bourses, our organisation is seriously thinking about a foray into Realty which seems to be in vogue. Afterall, we have acquired a lot of land under SEZ scheme."
 
Cxo-w: "Yeah, I second your opinion. In fact our board of directors would be meeting very soon for an EGM to amend MoA to include Retailing operations. You all know that we already our own FMCG product range."
 
CxO-t: "The traction seems to be more in BFSI space. We are planning to apply for a Banking license. In spite of good results & guidance our stocks are beaten down by the markets whereas Pvt Banking Stocks have all outperformed us hence this thinking. And then we could always utilise strong experience, gobal delivery model with our inhouse IT products+solutions."
 
CxO-s: "You know what friends.......I can't agree more on this with you all. Having said that, we see lots of opportunities in Forex Trading. While hedging we have realised that you get to carry out leveraged trades & earn millions of rupees all in a matter of days."
 
For complete coverage on this Video Conference, please visit http://www.bh#$%#.org - www.bh#$%#.org  which by the way is a pay-per-view portal where one needs to pay through nose.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 23/Oct/2007 at 9:31pm
The Laal Street Journal
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MARKET OUTLOOK: Bole TAU
 
 
Due to public demand, TLSJ is pleased to start a new column wherein we get   tips & tragedies err...strategies from a TAU jee.
 
TLSJ: What do you feel about Markets with F&O expiry this week?
 
TAU: Markets are poised very interestingly. Global and local cues would decide the direction.
 
TLSJ: Such prediction can be done even by 5th grade student. Tell us more specific targets.
 
TAU: Hmmm.....If Nifty is able to cross its previous high then the next logical target is another 10% rally.
 
TLSJ: And if it doesn't?
 
TAU: Then it is a double-top formation. Markets would correct.
 
TLSJ: What if it crosses previous high, achieves your target & then corrects?
 
TAU: It's a classic sign of a false break-out.
 
TLSJ: And if the bull rally continues for months together...?
 
TAU: Blame it on liquidity, my friend. Having said that, market looks a bit top-heavy and over-bought to me. But it would be choppy.
 
 
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: India_Bull
Date Posted: 23/Oct/2007 at 9:36pm
Nice one Kulmanjee,
 
Having said that looks market is going to be volatile in the short term. but who knows ....


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India_Bull forever Bull !
www.kapilcomedynights.com


Posted By: omshivaya
Date Posted: 23/Oct/2007 at 11:40pm
The problem with TAUs I just realized is simple: "They have to answer every question". They cannot say, "When it breaks-out, maybe I would GO LONG with a SL" and then for the rest of the questions, just shut up.
They have to provide AN ANSWER FOR EVERY SITUATION.


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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it


Posted By: kulman
Date Posted: 23/Oct/2007 at 11:58pm

Another issue is they come on biz TV to advertise themselves & to get subscriptions. It's there business to find clients.

I met a Mungerilal this afternoon.  He had heard an expert analyst speaking on TV few days ago about how he helped a client double money between breakfast & lunch (within few hours) just by buying some options over phone. Our inspired & over-excited friend tried to 'play' with options for jhatpat money. It is needless to say the end result was devastating. Galti analyston ki nahin hain....woh apne Laal ki hi hain.
 
 
 
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 24/Oct/2007 at 11:16pm
The Laal Street Journal
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P.Notes: The Confusion Prevails
(TLSJ reporter)
 
SEBI Had invited leading FIIs and domestic Brokerages for a roundtable on policy issues with ODIs also known as Participatory Notes.
 
According to the source who did wish to be named but was present at the meeting, the confusion still prevails amongst market participants.
 
Even after heated arguments for over couple of hours the delegates could not come to any conclusion over a contentious issue of KYC-norms.
 
As per SEBI officials, KYC stands for Know Your Customer. Whereas brokerages were pleading that in their book it means Knock Your Customers.
 
The meeting was then adjourned. Grapevine has it that the issue would be resolved upon FM's return from foreign tour.
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 25/Oct/2007 at 11:42am
The Laal Street Journal
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Pharma Major's Promoter to exit?
(TLSJ reporter)
 
One of largest domestic Pharma company's Promoter is rumoured to be in talks with foreign QIBs & investment bankers for exiting the business.The promoter holds 42% stake.
 
As per our highly placed sources who do not wish to be identifed, the major concern for the Promoter is non-performance of the stock on bourses. Leading investment banker is believed to have advised him a structured product, details of which are as follows:
 
A strict stop-loss has been put at a two rupees below 50-DMA. As per iBanker's strategy, promoter could buy back entire stake no sonner the sector is in vogue on bourses and only after 200-DMA is breached on the upside on closing basis in a momentum market.
 
Our sources also inform us that another Options Strategy was proposed but Promoter got angry and tried to Strangle the tie-wearing representative of iBanker.
 
 
 
 
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 16/Nov/2007 at 8:43pm
The Laal Street Journal
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Perils of a Bull Market
(TLSJ reporter)
 
A leading stock broker last night caught his wife in bed with another man.
 
According to sources in the neighbourhood, he angrily shouted at wife: "What's going on?"
 
She responded: "Honey, due to booming stock markets, I've gone for Public Issue"
 
As per the latest available information, the couple is believed to be in touch with renowned lawyers.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: deveshkayal
Date Posted: 16/Nov/2007 at 8:46pm
Hilarious times are back after a long break !!!

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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett


Posted By: omshivaya
Date Posted: 16/Nov/2007 at 11:03pm
Oh yeaaah! Da man's back! Yahoooo!

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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it


Posted By: kaushalchawla
Date Posted: 16/Nov/2007 at 11:10pm
Da Man is back with a bang.....what a joke Embarrassed......I have stopped applying in public issues since long time Big%20smile.......kyonki mera number hi nahin aata tha Smile

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Warm Regards,
Kaushal


Posted By: basant
Date Posted: 16/Nov/2007 at 7:55am
Originally posted by kulman

The Laal Street Journal
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Perils of a Bull Market
(TLSJ reporter)
 
A leading stock broker last night caught his wife in bed with another man.
 
According to sources in the neighbourhood, he angrily shouted at wife: "What's going on?"
 
She responded: "Honey, due to booming stock markets, I've gone for Public Issue"
 
As per the latest available information, the couple is believed to be in touch with renowned lawyers.
 
 
 
kya dono Hari(ki)bhakti kar rahe hai?


-------------
'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


Posted By: kulman
Date Posted: 22/Nov/2007 at 8:46am
The Laal Street Journal
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Common wealthMungerilal Way
(TLSJ reporter)
 
Many Mungerilals of Chhotelal category have shorted Nifty Futures using heavy leverage citing imminent slowdown in Indian Economy & in the Stock Markets due to Pakistan's suspension from Commonwealth.
 
According to them, such move by Commonwealth would severaly affect the bottomline of Indian corporates with immediate effect.
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 29/Nov/2007 at 9:35am
The Laal Street Journal
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They're Short on Santa Claus!
(TLSJ reporter)
 
Mungerilals keeping close track of global geo-political events and especially the actions hedge funds & flows into Emerging markets have gone short. The logic is that Fund Managers in Western countries will be going on X'mas holidays & hence will be booking profits causing outflow of capital.
 
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: basant
Date Posted: 29/Nov/2007 at 9:52am
This one had to be the lead story and some of the experts forget that in this world of wireless connectivity all you need is a mobile phone to place orders unless you are going on a holiday to Antartica!!!
 
 


-------------
'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


Posted By: deveshkayal
Date Posted: 29/Nov/2007 at 11:36am
Yesterday I read that December has been the best month for investors Ouch

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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett


Posted By: Mohan
Date Posted: 03/Dec/2007 at 11:02am
Kulmanji,
This is your greatest idea yet. Hope you have patented this.
Two thumbs up.


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Be fearful when others are greedy and be greedy when others are fearful.


Posted By: kulman
Date Posted: 16/Jan/2008 at 8:21pm
The Laal Street Journal
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What really drives the global capital markets?
(TLSJ reporter)
 
TLSJ reporter has got an exclusive information through unreliable sources which would reveal the secret factors that drive the decision making of smart MBA-educated money managers.  
 
Our sources inform us that a detailed 550-page study report is almost done by research house "SambandhLaal Securities" who specialise in studying co-relationships between various factors.
 
Some interesting analysis from that research report:
 
  • Put-Call Ratio when exceeds the ratio of Male-Female Ratio of that nation, the stock market is likely to be in euphoric stage and overvalued.
  • Another factor which implies the end of bull market is when PE ratio is higher than the real effective PE ratio (Population to Eunuch Ratio) of that country. 
We shall publish more findings as & when available for enlightening TLSJ readers.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 05/Feb/2008 at 6:40pm
 
 
 
 
 
The Laal Street Journal
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The Mini-Nifty & Water Melon Connection
(TLSJ reporter)
 
F&O players have been issued warning about this NSE advertisement.....
 
 
 
 

 
The actual reason for depicting WATER MELON seems to be the very fact that these Melons contain more than 95% water. It's analogous to leveraged F&O Markets where over 95% traders' money is literally 'watered down'.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 06/Feb/2008 at 3:43pm
The Laal Street Journal
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Valuation of a s*x worker: Dalal Street-shtyle
(TLSJ reporter)
 
In an interesting development, a s*x worker from a major Metro city has valued herself to be worth US$ 3 Millions.
 
Speaking exclusively to TLSJ, one Ms. Chameli (name changed on request to protect identity) was candid enough to disclose many interesting things.
 
Ms Chameli's argument is that as per current prevailing market conditions, she does private placement of a partial stake for each hour @Rs. 2000 for full service. Considering earning potential of 8 hours a day & 20 years of active business life, she is worth US$3 Millions.
 
Asked to explain the risk factors, Ms Chameli declined to comment.
 
We later learnt that she got inspiration to value herself after having look at how iBankers & hyper-active Analysts are coming out with bullish reports to push some IPOs.
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 06/Feb/2008 at 10:26am
The Laal Street Journal
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Reincarnation of a different kind
(TLSJ reporter)
 
We have learnt from reliable sources that while shooting this commercial, the kid actor threw tantrums & literally beat the father. It is rumoured that the kid in his previous life was believed to be a commodities trader.
 
 
 
 
http://www.mcxindia.com/hedging/hedging.htm#">
 
 
 
http://www.mcxindia.com/Images/mcxadvt1.jpg - http://www.mcxindia.com/Images/mcxadvt1.jpg
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: Mohan
Date Posted: 07/Feb/2008 at 9:55am


Last heard that Ms Chameli was placing  5 % stake for USD 5 million with a renowned group of Private Equity Investors now valuing her at at 10 times FY 2012 projected earnings USD 10 million , Since that is when Business will be running at full capacity and business model willl be fully de-risked.



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Be fearful when others are greedy and be greedy when others are fearful.


Posted By: kulman
Date Posted: 07/Feb/2008 at 10:39am
LOL ha ha ha
 
Talking of PE players how come they have strange names meaning Kala Pathhar? e.g. BlackRock, BlackStone? Any idea?
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: Mohan
Date Posted: 07/Feb/2008 at 10:42am
Yeh to Andar ki Baat hai.

Maybe its the color of money . Nothing official about it .Wink




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Be fearful when others are greedy and be greedy when others are fearful.


Posted By: kulman
Date Posted: 08/Feb/2008 at 7:26pm
The Laal Street Journal
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Bumper Contest
(TLSJ reporter)
 
http://www.thehindubusinessline.com/businessline/blnus/05081720.htm - Reliance Power to trade in F&O segment from Feb 11
 
According to black side of grey markets, there's a mega contest organised. One has to predict the open, high, low & close prices of RelPower on listing day. The person who can correctly predict these four prices stands to win a grand prize.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
http://www.thehindubusinessline.com/businessline/blnus/05081720.htm -  


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 10/Feb/2008 at 10:03pm
The Laal Street Journal
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Roller-coaster ride
(TLSJ reporter)
 
Enjoy thrilling and never before kind of roller-coaster ride.
 
Name of the theme park: Power & Energy
 
Venue: BSE & NSE Trading Terminals
 
Timing: 09:55 Hrs to 15:30 Hrs on Monday, 11th Feb '08
 
Name of the ride: RelPower
 
Charges: FREE (if you don't hold any shares/ F&O positions in RelPower or haven't punted on it in grey Markets)
 
 
P.S.: Weak hearted people are advised not to participate even remotely.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 11/Feb/2008 at 3:07pm
The Laal Street Journal
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UPDATE on Roller-coaster ride
(TLSJ reporter)
 
We are extremely sorry that what was meant to be a roller-coaster turned out to be only a slide.
 
However as per policy of the theme park management, no refund will be paid. Thanks for your partonage.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: deveshkayal
Date Posted: 11/Feb/2008 at 3:16pm
Originally posted by kulman

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Have a trademark rights for this tagline else you will lose 160 crs which marathon Ambani earns from RelPower and RelInfratel !


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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett


Posted By: kulman
Date Posted: 11/Feb/2008 at 3:20pm
LOL ha ha ha
 
 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 12/Feb/2008 at 6:32pm
The Laal Street Journal
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By George!
(TLSJ reporter)
 
Our investigative reporters tried to look into details of the deal announced recently: Billionaire investor George Soros has bought up a 3% stake in Anil Ambani’s Reliance Entertainment for $100 million. [Link:  http://www.dnaindia.com/report.asp?newsid=1149713 - Soros buys 3% Rel Ent stake ]
 
According to unreliable sources, we learn that Mr. George is considering to change his family name to Sorrows from Soros if this IPO fails to perform.
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 13/Feb/2008 at 8:03pm
The Laal Street Journal
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Scams of elite kind
(TLSJ reporter)
 
http://economictimes.indiatimes.com/SEBI_warns_investors_against_Art_Funds/articleshow/2780215.cms - SEBI warns investors against 'Art Funds'
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 13/Feb/2008 at 10:01am
The Laal Street Journal
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New show by King Khan: Mungerilals beware!
(TLSJ reporter)
 

After his Kaun Banega Crorepati stint Shahrukh Khan is back on the small screen and this time around he will be asking questions that are a whole lot easier. Here is the latest on SRK's new reality show "Kya Aap Paanchvi Pass Se Tez Hain?"  formatted on the popular American show -- Are you smarter than a fifth grader?. It is a show where the adults world would be questioned by kids. If they fail to answer then they would have to claim  that they are not smarter than fifth graders.

We hereby warn all Mungerilals NOT to participate in this show. The end results are not that hard to imagine considering Mungerilals' experience on another reality show   http://www.theequitydesk.com/forum/forum_posts.asp?TID=1099 - Bol Mere Lal!
 

 
 
 


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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 18/Feb/2008 at 10:43pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Issues of a strange kind!
(TLSJ reporter)
 
Smart & regular readers of TLSJ must be remembering our exclusive report on http://www.theequitydesk.com/forum/forum_posts.asp?TID=1297&PN=5 - Chameli's valuation methodology.
 
Now after the announcement of a bonus issue by RelPower, she is flooded with enquiries. Taking cues from the developments on Dalal Street, her clients are demanding 'bonus' from her.
 
We shall touch base with the management & keep you updated on this issue of a strange kind.
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: basant
Date Posted: 18/Feb/2008 at 9:59am
 touch base  
 
LOLHa! Ha! Ha!LOL


-------------
'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


Posted By: Mohan
Date Posted: 18/Feb/2008 at 10:02am
We shall touch base with the management & keep you updated on this issue of a strange kind.
 
 
-------------------------------------------------------------
 
 
 
WE ?
 
 
Who we ?Big%20smile


-------------
Be fearful when others are greedy and be greedy when others are fearful.


Posted By: kulman
Date Posted: 18/Feb/2008 at 10:22am
Originally posted by Mohan

We shall touch base with the management & keep you updated on this issue of a strange kind.
 
WE ?
 
 
Who we ?Big%20smile
 
The TLSJ team comprising of Editors, Reporters and back-office staff!
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: nitin_jagtap
Date Posted: 18/Feb/2008 at 10:27am
It seems staff of TLSJ have apparently gone missing for a few days, when contacted on phone one staffer said ...the management is now evaluating the future and all the options before deciding to make any changes to the current figures ( I mean capital structure) . Current figures dont really warrant any bonus issue however management may decided to reward loyal customers with a take one get one free offer.

-------------
Warm REgards
Nitin Jagtap


Posted By: Mohan
Date Posted: 18/Feb/2008 at 10:32am
Originally posted by kulman

 
The TLSJ team comprising of Editors, Reporters and back-office staff!
 
 
 
The whole team went for the plant visit. I heard,  to touch base LOL


-------------
Be fearful when others are greedy and be greedy when others are fearful.


Posted By: kulman
Date Posted: 18/Feb/2008 at 10:46am
Unconfirmed news reports suggest that the management seems to enjoy Straddle spread Option.
 
On a different note, it has issued a warning that if proper precautions are not taken while conducting business, dividends are the only option.
 
The regular readers of TLSJ must be knowing that Buy backs & dividends are usually viewed suspiciously in this booming recession-proof sector.
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: Mohan
Date Posted: 18/Feb/2008 at 10:56am
Straddle spread option might result in " creation of embedded value to be demerged at future date "

-------------
Be fearful when others are greedy and be greedy when others are fearful.


Posted By: kulman
Date Posted: 21/Feb/2008 at 12:25pm
According to unreliable sources close to JP management, Gaur family has threatened severe action against any employee saying "Damn it!" within office premises during office hours.


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: nitin_jagtap
Date Posted: 21/Feb/2008 at 12:37pm
When concerned investors asked the reason for such a battering on the stock the CEO said " yes sab MAYA hein " Wink

-------------
Warm REgards
Nitin Jagtap


Posted By: kulman
Date Posted: 21/Feb/2008 at 12:47pm
Originally posted by nitin_jagtap

When concerned investors asked the reason for such a battering on the stock the CEO said " yes sab MAYA hein "
 
Big%20smile 
 
Has anyone studied the annual report of JP carefully. In their list of prestigious projects have they included Agra's Taj Mahal too?
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 21/Feb/2008 at 5:01pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Take-over but no overtaking
(TLSJ reporter)
 
http://www.moneycontrol.com/mccode/news/searchresult.php?search_str=HDFC%20Bank%20&datesel=2 - HDFC Bank is in advanced merger talks with http://www.moneycontrol.com/india/stockpricequote/banks-private-sector/centurion-bankpunjab/12/51/CBP01 - Centurion Bank of Punjab and the talks are at a critical stage, reports CNBC-TV18, quoting sources.
 
TLSJ learns that the discussions are in a state of stalemate because of a contentious matter. The acquirer does not want to take a group of employees (allegedly rogue bankers) who were involved in 'play for pop' game of RelPower IPO.
 
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 25/Feb/2008 at 9:56pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Watch out before you dial!
(TLSJ reporter)
 
http://www.dnaindia.com/report.asp?newsid=1151729 - Cell numbers may go from 10 digits to 11    
 
Our sources inform us that "SambandhLaal Securities" who specialise in studying co-relationships between various factors. have sent a cautionary note to their HNI clients.
 
According to a detailed study conducted in emerging markets by expert strategists, whenever a digit was added to either a fixed or cellular phones there was major fall in leading indices. So it could ring a bad news to Sensex & Nifty if at all the proposal is approved by TRAI.
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: nitin_jagtap
Date Posted: 25/Feb/2008 at 11:42am
http://www.business-standard.com/common/news_article.php?leftnm=3&bKeyFlag=BO&autono=315024&chkFlg= -
The Laal Street Journal
To     cut    a      Long      story      Short
 
Govt scraps 8 Goa SEZs
 
The TLSJ reporter on speaking to a section of the partying public at a famous beach party resort said that these people were not against the SEZs as such except that they wanted SEZ not be called as Special Economic Zones, instead they wanted the name to be
 
"SPECIAL ECSTASY ZONES" !
 
The reporter has been missing ever since.

 

http://www.business-standard.com/common/news_article.php?leftnm=3&bKeyFlag=BO&autono=315024&chkFlg= -  



-------------
Warm REgards
Nitin Jagtap


Posted By: kulman
Date Posted: 25/Feb/2008 at 11:48am
LOL ha ha ha...
 
Rave parties galore!!
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 26/Feb/2008 at 2:09pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Premature pull-out hurts sentiments
(TLSJ reporter)
 
http://economictimes.indiatimes.com/News/News_By_Industry/Banking_Finance_/I-_venture_JP_Infra_PE_deal_is_off/articleshow/2814567.cms - I-venture, JP Infra PE deal is off
 
Readers may recall our http://www.theequitydesk.com/forum/forum_posts.asp?TID=1297&PN=5 - exclusive news report on Ms. Chameli According to inside information, she is extremely dissatisfied with this new trend of early pull-outs.
 
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: India_Bull
Date Posted: 26/Feb/2008 at 2:11pm
Premature pull-out hurts sentiments everywhere

-------------
India_Bull forever Bull !
www.kapilcomedynights.com


Posted By: xbox
Date Posted: 26/Feb/2008 at 4:03am
Originally posted by India_Bull

Premature pull-out hurts sentiments everywhere
-----------
Liked the way you think Mr. Bull. Ouch


-------------
Don't bet on pig after all bull & bear in circle.


Posted By: nitin_jagtap
Date Posted: 27/Feb/2008 at 8:22am

The Laal Street Journal
To     cut    a      Long      story      Short
 

Credit card giant Visa's IPO plan is finally seeing the light http://www.usnews.com/articles/business/economy/2008/02/27/toasting-visas-ipo.html - Toasting Visa's IPO .....when our TLSJ reporter spoke to the Visa CFO on the details of the IPO and asked about the pricing this is what he said

" The issue is going to be Priceless"
 
Shareholders really should wonder if it will be priceless or priced less .


-------------
Warm REgards
Nitin Jagtap


Posted By: kulman
Date Posted: 05/Mar/2008 at 10:51am
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Budget gets a thumbs-up from Chameli
(TLSJ reporter)
 
In an exclusive chat with TLSJ http://www.theequitydesk.com/forum/forum_posts.asp?TID=1297&PN=5 - Ms. Chameli talked about the latest Budget & its impact:
 
TLSJ: "So what's your first reaction on this union budget?"
 
Chameli: "I would give 7.5 out of 10 to the FM. Firstly I thank him for not including our profession in the service tax net. You see....Lawyers & us have something in common with our core business activity."
 
TLSJ: "Do you see any impact because of STCG?"
 
Chameli: "Yeah, that's a bit of negative as many of my cleints were short-term traders. I have always preferred them over long-term investors"
 
TLSJ: "Would you like to elaborate on that?"
 
Chameli: "Look those long-term investors spend a lot of time in consolidation. And as far as short-termers they lack patience so I'm able to achieve high turn-over."
 
TLSJ: "Any other sector specific observations?"
 
Chameli: "Excise cuts to Pharma industry & AIDS related medicines is a big positive. I'm quite happy with proposed sops to the rubber industry."
 
TLSJ: "Rubber....you mean it helps tyre makers so your clients reach faster?"
 
Chameli: "No Sir....not Tyres I'm more concerned about who tires first."
 
TLSJ: "One last question; Aap ka Sone ke baare mein kya khayal hain?"
 
Chameli: "Kiske saath?"
 
TLSJ: "Ahem....I was talking about investing in Sona...Gold"
 
Chameli: "Aisa clear bolo na! Look Mister, when all people are going after that asset class, I fail to understand how big money will be made. Even in our profession, when clients go after a particular asset, usually either the client or that asset suffers a lot."
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 07/Mar/2008 at 2:22pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Poll: How can an Indian become the wealthiest person on the planet?
(TLSJ reporter)
 
We are taking a poll: How can an Indian become the wealthiest person on the planet?
 

 
Here's are the choices:
  1. By really increasing intrinsic value, net-worth of their businesses by working hard
  2. By going global through inorganic route...e.g. acquisitions
  3. By managing/supporting stock prices via insider trading or through persons acting in concert
  4. By shorting Berkshire & Miscrosoft shares on NYSE
Readers are requested to sms their choice to 15800.
 
Hurry....send your entries now. The lucky draw winner stands to win few hundred shares of an Indian PSU Bank.
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: nitin_jagtap
Date Posted: 07/Mar/2008 at 2:49pm
Will the SMS number(15800) change as the sensex changes ....
 
The lucky draw winner stands to win few hundred shares of an Indian PSU Bank....this does not enthuse me they are boring companies with even more boring price movements in their stock prices ....how about few shares of RNRLWink or HFCL


-------------
Warm REgards
Nitin Jagtap


Posted By: Mohan
Date Posted: 07/Mar/2008 at 7:54pm
Or even 1 share of REL POWERWink

-------------
Be fearful when others are greedy and be greedy when others are fearful.


Posted By: ThinkDifferent
Date Posted: 07/Mar/2008 at 8:08pm
Brilliant!!!

-------------
I am an Amateur in Stocks.


Posted By: stocktin
Date Posted: 07/Mar/2008 at 8:54pm
Kulmanji,

You are phenomenal! I must ask Garden Court to keep open all night next time.



-------------
taggy


Posted By: kulman
Date Posted: 08/Mar/2008 at 2:21pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
MBAs will need to work hard now?
(TLSJ reporter)
 
Is the subprime crisis taking its toll on IIM recruitments this year? Early indications suggest that the number of positions offered by global investment banks to students in Indian Institutes of Management (IIMs) are slowing down. 
excerpted from ET
http://economictimes.indiatimes.com/Global_investment_banks_going_slow_on_IIM_hiring/articleshow/2847459.cms - Global investment banks going slow on IIM hiring?
 
TLSJ conducted a random survey about this latest trend. Here are some interesting findings:
1. 66% readers were concerned that who will prepare those 'structured finance' deals, recommend 'swaps', 'exotic toxic derivatives' to clients.
2. 34% people surveyed were of the opinion that MBAs from IIM should instead add real GDP to Indian economy by working in core sector industry.
3. Microsoft is worried for a different reason: If those MBAs don't join iBankers who will buy their liecensed version of PowerPoint presentation software?
4. Tie manufacturers & Suit makers as well as branded shoe makers see slowdown in sales. 
 
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 09/Mar/2008 at 8:09am
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Losses of the Bosses
(TLSJ reporter)
 
/photo.cms?msid=2722474
article in ET http://economictimes.indiatimes.com/articleshow/2722468.cms - India Inc's top ten promoters lose over $68 bn.  
 
Due to readers' concern TLSJ contacted the offices of concerned owners/promoters to understand the situation.
 
To our surprise no one seems perturbed because of this loss though we couldn't directly reach couple of them. However, our sources say that all have confirmed that this is just a notional reduction of wealth. Thankfully they do not trade shares owned by them in FnO segment which could have resulted in booking of actual losses to the tune of at least US$340 Bn (considering 5x leverage) to meet mark-to-market margin calls.
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 11/Mar/2008 at 9:23am
 
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
It's a bit unfair: Ms Chameli
(TLSJ reporter)
 
http://www.marketwatch.com/news/story/spitzer-likely-resign-timing-uncertain/story.aspx?guid=%7BD7113F1E%2D7450%2D45DC%2DB7D0%2D690BAD9310F3%7D - Spitzer may step down soon: reports
New York governor embroiled in call-girl scandal set to resign, possibly as soon as Tuesday, according to media reports
 
 
In an exclusive chat with TLSJ on this news, Ms. Chameli had this to say: 
 
"I'm extremely dissatified with such hypocrisy. It's not only in the West but even in emerging economies like India. The tragedy is that no one tries to understand the importance of our profession, which your readers may know is oldest in the world. Why punish that poor governor? If Fed is printing & distributing easy Dollars, why this fuss when people spend on their basic needs.
 
Having said that from business point of view, I don't foresee any slowdown in activity as we are fairly recession-proof. As a policy decision however, I have decided not to do business with Investment Bankers as they want to enjoy both ways and when it comes to settle my fees, they point fingers to their client." 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 12/Mar/2008 at 5:01pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Wah bhai wah!
(TLSJ reporter)
 
http://www.bseindia.com/qresann/news.asp?newsid=%7b96A5849D-2889-4DE4-B87D-B34D0F1AFF63%7d - Hexaware Technologies Ltd has informed BSE that RiskTech, a leading provider of Enterprise Risk Management and Risk Technology services, on March 11, 2008 announced a number of key market expansion achievements.

RiskTech has won four new consulting and implementation contracts in Europe Asia-Pacific and Middle-East. The contracts are in the area of credit risk and operational risk technology. All four clients are either regional or global "Tier-1" banks aiming for Implementing advanced risk management frameworks and achieving Basel II compliance.
 
 
 
All efforts of TLSJ reporters to contact the management today were futile. Perhaps it is do with the query we tried to ask the Hexaware team: "If you have Risk Management solutions for others why don't you have one for your own Fx Derivatives Trading on the pretext of hedging?"
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 13/Mar/2008 at 3:46pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
CFO jailed
(TLSJ reporter)
 
Bengaluru: CFO of a large organisation was jailed for beating the company security guard today afternoon. Police reports suggest that while returning from lunch the security guard saluted the CFO & said in Kannanda: "Saar, Yen Samachara?". The CFO got so angry that he started punching the guard all over the body. The guard has been admitted in a local hospital for treatment & is believed to be in serious condition.
 
TLSJ's investigative reporters have learnt that the trigger for CFO's anger might be 'knock-out' levels breaching in exotic toxic Fx Derivatives in Japanese currency.
 
As per last reports, CFO has been released on bail of INR 5,000 (equivalent to USD 123.50 or JPY 12,350)
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: BubbleVision
Date Posted: 13/Mar/2008 at 5:08pm

LOL Kulmanji….you are one of a kind! Absolutely unique creative ability! There is a big company based in North India (Index Stock), whose Yen stops are yet not done!



-------------
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!


Posted By: nitin_jagtap
Date Posted: 13/Mar/2008 at 6:36pm
Originally posted by kulman

 
Hahaha Big%20smile
 
As per last reports, CFO has been released on bail of INR 5,000 (equivalent to USD 123.50 or JPY 12,350)
 
 

The name of the CFO of this Japanese Co In Bengaluru is "Kisko Maro -San" ...the police have also told him to furnish an additional bond of 10,000 INR and this amount needs to be deposited asap before any further currency fluctuations.....the police mentioned that being a not for profit organization they didnt have any system to hedge their receivables unlike corporate India.



-------------
Warm REgards
Nitin Jagtap


Posted By: kulman
Date Posted: 13/Mar/2008 at 6:47pm
Originally posted by nitin_jagtap

The name of the CFO of this Japanese Co In Bengaluru is "Kisko Maro -San" ...the police have also told him to furnish an additional bond of 10,000 INR and this amount needs to be deposited asap before any further currency fluctuations.....the police mentioned that being a not for profit organization they didnt have any system to hedge their receivables unlike corporate India.
 
Meanwhile, the hospital where that security guard is being treated has come up with a shocking report that traces of ethanol were found in urine sample taken for diagnosis purpose.
 
Upon further investigation TLSJ learnt that the guard had got hooked to online trading & has open FnO positions in Balrampur and Bajaj Hindustan. Who says that economy in India is not inclusive?
 
Bharat Mera Mahan !
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: catcall
Date Posted: 13/Mar/2008 at 7:01pm
Ha Ha, kulman, Film City main Script writer ki jage khali hai, I'm sure y'd fit in!Tongue

-------------
There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!


Posted By: chic_1978
Date Posted: 13/Mar/2008 at 7:32pm
Kulmanjee
 
ur knowledge on " Chameli" is awesome....trust me its really refreshing in such testing times..........Smile


-------------
happy & wise investing


Posted By: kulman
Date Posted: 13/Mar/2008 at 7:45pm
Originally posted by chic_1978

ur knowledge on " Chameli" is awesome....trust me its really refreshing in such testing times..........
 
Hey Chic bhai....it's not my knowledge. I haven't even watched Chameli movie. I've nothing to do with those things. It's all those naughty TLSJ reporters who conduct interviews. Please don't drag my name into it.
 
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: stocktin
Date Posted: 13/Mar/2008 at 8:27pm
"Bengaluru: CFO of a large organisation was jailed for beating the company security guard today afternoon. Police reports suggest that while returning from lunch the security guard saluted the CFO & said in Kannanda: "Saar, Yen Samachara?". The CFO got so angry that he started punching the guard all over the body. The guard has been admitted in a local hospital for treatment & is believed to be in serious condition.

TLSJ's investigative reporters have learnt that the trigger for CFO's anger might be 'knock-out' levels breaching in exotic toxic Fx Derivatives in Japanese currency.

As per last reports, CFO has been released on bail of INR 5,000 (equivalent to USD 123.50 or JPY 12,350)"

Kulamanji,

There is a Laal Baug, only in Bengaluru. Is the journal published somewhere close by?


-------------
taggy


Posted By: chic_1978
Date Posted: 13/Mar/2008 at 10:34pm
hahahahah....chill yaar.....i am not gonna pass this news to bhabhiji WinkWink


-------------
happy & wise investing


Posted By: kulman
Date Posted: 14/Mar/2008 at 10:08pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Sanju Baba hedging losses?
(TLSJ reporter)
 
http://economictimes.indiatimes.com/Sanjay_Dutt_enters_the_big_league_charges_Rs_7-8_cr/articleshow/2866519.cms - Sanjay Dutt enters the big league, charges Rs 7-8 cr
A year back Sanjay Dutt used to charge anywhere between 90 lakhs to 2 cr for his films. Today the actor charges between Rs 7 to 8 cr.
 
 
There are unconfirmed reports which says that the reason behind this sudden increase in his charges could be that Sanju Baba had been allotted huge quantity of shares in RelPower IPO. TLSJ reporters are investigating further in the matter.
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: nitin_jagtap
Date Posted: 14/Mar/2008 at 10:14pm
Was there a trading terminal in Yerawada jail ?

-------------
Warm REgards
Nitin Jagtap


Posted By: stocktin
Date Posted: 14/Mar/2008 at 12:22pm
The Yerawada jail is not very far from the famous mental asylum.

-------------
taggy


Posted By: kulman
Date Posted: 16/Mar/2008 at 11:20pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
No newspaper edition for few days
 
Due to unforeseen emergency in our printing press (which is being leased to U.S. Fed) there will be no print edition for a few days.
 
Meanwhile TLSJ wishes all its readers a great week ahead....but keep in mind old adage before taking any drastic decision: विनाशकाले विपरित बुध्दी
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: nitin_jagtap
Date Posted: 18/Mar/2008 at 10:05pm
The Laal Street Journal
To     cut    a      Long      story      Short

TLSJ reporters are trying to track down this restaurant owner just to check if ICICI bank is still saying "Hum Hain Na" ..this is being done after some people reported that ever since the sub prime crisis broke out for ICICI ...the menu has changed for the worst in this restaurant.

-------------
Warm REgards
Nitin Jagtap


Posted By: kulman
Date Posted: 20/Mar/2008 at 5:39pm
Originally posted by nitin_jagtap

The Laal Street Journal
To     cut    a      Long      story      Short

TLSJ reporters are trying to track down this restaurant owner just to check if ICICI bank is still saying "Hum Hain Na" ..this is being done after some people reported that ever since the sub prime crisis broke out for ICICI ...the menu has changed for the worst in this restaurant.

LOL ha ha...
 
Meanwhile, TLSJ also learns that Bank's smartly dressed executives from Fx & Commodities desk convinced the owner of this restaurant to hedge his risks using 'structured hedging solutions' prepared by MBAs with vast (less than 2½ months) experience in complex derivatives.
 
The neighbouring shopowners now confirm that since then the restaurant owner is not of the structure he used to be. And due to deterioration of financial health, he is seen around eating vada-paav at roadside eateries.
 
 
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 26/Mar/2008 at 2:36pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
Bars to debar CFOs
(TLSJ reporter)
 
In a very unusal development, Bar Owners' Association is considering a proposal to ban CFOs from drinking at Bars in India's financial capital, Mumbai.
 
Upon detailed investigation TLSJ has learnt that the reason behind this could be an incident at one of the bars in Nariman Point area:
 
A visibly upset CFO walked into this bar Friday evening. He drank like a fish gulping down almost a full bottle of newly launched Fuel vodka. After exchanging few words with the waiter, CFO slapped him hard & started abusing loudly using unprintable slangs. Fellow drinkers, eye-witnesses to the spat said that the discussion went like this:
 
Waiter: "Sir ...anything more? Shall I get your bill?"
 
CFO: "NO! ....get me one more quarter & a bottle of Limca....FAST!"
 
Waiter: "Sir jee...if you don't mind. To be FRANC with you, I feel you shouldn't have any more otherwise it would have KNOCKOUT effect."
 
CFO: "AngryBh%#%.....trying to teach me! ....Ma&%#$..Angry."
 
Waiter: Ouch Ouch Ouch 
 
In an unrelated development, TLSJ further learns that the organisation for which this CFO works is rumoured to be incurring huge losses in USD-CHF derivative Fx trades & is expected to report very bad quarterly results.
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 31/Mar/2008 at 6:24pm
The Laal Street Journal
To     cut    a      Long      story      Short
 
 
FM says get back to work
 
http://www.dnaindia.com/report.asp?newsid=1158111 - Be inclusive for higher growth: FM
Finance Minister P Chidambaram said India's economy can easily expand between 10-11 per cent if half of the population is brought into the mainstream of economic activities.
 
TLSJ reporters are trying to get in touch with the Finance Ministry to seek a clarification whether this message is for those neo-bulls including some adventurer promoters who  have been spending more time trading online instead of focussing on real productive jobs.
 
According to a study conducted across major Metros & Tier-II cities, 78.2% respondents are confident that Indian economy could even grow at 15~16% if these online video games are banned.
 
 
 


-------------
Life can only be understood backwards—but it must be lived forwards


Posted By: gopal
Date Posted: 31/Mar/2008 at 8:15pm
The Laal Street Journal
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After seeing the condition of Mungerilal and his other friends finally Sebi may ban brokers from giving stock tips and also trading on stocks for which it makes brokerage report

Source :- Rediff Money

March 31, 2008 17:47 IST
Last Updated: March 31, 2008 19:24 IST

Amid sharp volatility and selling pressure at the bourses, market regulator Sebi on Monday proposed to ban exclusive tips for trading and sought to make norms for brokers, researchers and analysts more stringent.

Seeking to improve sales practices followed by the trading members of the stock exchanges, SEBI proposed strict norms, including complete information on brokers to the clients they were servicing.

"Trading members owe their clients a duty to provide suitable investment advice in the best interest of the clients," said the draft policy for improvement in sales practice by the members of stock exchanges on which Sebi has invited comments from the public by April 15.

The guidelines also make it mandatory for brokers to recommend sale/purchase of shares which are "suitable for such client(s) on the basis of facts disclosed...financial position, other security holding, past investment experience and pattern and investment needs".

The Sebi guidelines also seek to ban research analysts from buying or selling shares of the concerned company 30 days before and five days after the publication of the research.

The onus of ensuring compliance by research analysts on buying or selling of shares of the concerned company will rest with the brokers.

It added that brokers would not recommend to their clients "securities or derivative contracts on such securities in a concentrated manner, which represents a subjective or arbitrary supply of information".

According to the draft, the investors would be required to have a minimum net worth of Rs 5 lakh for trading in derivative segments.

Brokers, it added, "shall not execute transactions for own account in securities ahead of making recommendations to their clients in such securities."




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Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful


Posted By: India_Bull
Date Posted: 31/Mar/2008 at 5:43am
CITI ki to sh*ti baj jayegi ( buy some qty and bring buy report to offload or .....)

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India_Bull forever Bull !
www.kapilcomedynights.com


Posted By: kulman
Date Posted: 01/Apr/2008 at 2:25pm
The Laal Street Journal
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With all gloomy economic forecasts & a feeling that the party is over my friend, TLSJ has decided to carry only this in today's edition....
 
Obituary
 
 
Mr. Bull
April 2003 --- January 2008
 
Your death has left our lives
without any hue,
Our world has become poorer
without you
 
 
---Mungerilals, families & friends
 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 
 
 
Having said that TLSJ wants to remind readers of following thoughts:
 

The most common cause of low prices is pessimism. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.---Warren E. Buffett

 

 



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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 03/Apr/2008 at 12:01pm
The Laal Street Journal
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BREAKING NEWS

Ahmedabad; 3th April '08

India proved why they are the Twenty20 champs - bowled out in exactly 20 overs. ALL OUT 76 before lunch time, first day, second test.

Top Scorers:
Pathan 21 n.o.
Extras: 19
MS Dhoni: 14






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Life can only be understood backwards—but it must be lived forwards


Posted By: kulman
Date Posted: 03/Apr/2008 at 12:04pm
Indian scorecard looks like a mobile number....9 6 3 3 0........


India 76-10 (20) Runs ba*ls 4s 6s  SR  
W Jaffer c Smith b Ntini 9   14  2 0  64.29  
V Sehwag b Steyn 6   12  1 0  50.00  
R Dravid b Steyn 3   26  0 0  11.54  
VVS Laxman b Ntini 3   7  0 0  42.86  
S Ganguly b Ntini 0   2  0 0  0.00  
MS Dhoni c Boucher b Morkel 14   22  2 0  63.64  
I Pathan not out 21   17  3 0  123.53  
*A Kumble b Morkel 0   2  0 0  0.00  
Harbhajan Singh lbw b Steyn 1   6  0 0  16.67  
RP Singh c Smith b Steyn 0   11  0 0  0.00  
S Sreesanth b Steyn 0   3  0 0  0.00  
Extras: 18 ( b:4 lb:11 nb:2 w:2)
Total: 76-10 (20) | Curr. RR: 3.80

FOW: W Jaffer (16-1, 3.3), V Sehwag (24-2, 4.4), VVS Laxman (30-3, 7.1), S Ganguly (30-4, 7.3), R Dravid (53-5, 13.1), MS Dhoni (55-6, 14.2), *A Kumble (55-7, 14.4), Harbhajan Singh (56-8, 15.4), RP Singh (76-9, 19.3), S Sreesanth (76-10, 20)

South Africa O M R W Nb Wd RPO  
D Steyn 8 3 23 5 1 2 2.88  
M Ntini 6 1 18 3 0 0 3.00  
M Morkel 6 1 21 2 1 0 3.50




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Life can only be understood backwards—but it must be lived forwards



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