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The Market Mastermind !
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vinay28
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Post: #466   PostPosted: Tue Mar 20, 2012 12:32 pm    Post subject: Reply with quote
it's time you changed your keyboard, sam! Laughing
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vinst
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Post: #467   PostPosted: Tue Mar 20, 2012 12:55 pm    Post subject: Reply with quote
ajayhkaul wrote:
Nobody ? really vinst?

givemegold posted this for the FM-deaf (hearing challenged) people :

'....Read this article in First post -- Robin Hood or just Hood? FM has mugged all, rich and poor

http://www.firstpost.com/business/robin-hood-or-just-hood-fm-has-mugged-all-rich-and-poor-249058.html?utm_source=MC_TOP_WIDGE


Head-in-the -sand and clogged ears wont help .... ,ultimately public is paying.


The article cited seems to say that every one has been taxed. How does it relate to our debate here? Since neither peter not paul have been tax-spared, how should we conclude that FM is trying to mis-lead public/people with that 50,000 limit?
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ajayhkaul
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Post: #468   PostPosted: Tue Mar 20, 2012 1:40 pm    Post subject: Reply with quote
vinst wrote:
ajayhkaul wrote:
Nobody ? really vinst?

givemegold posted this for the FM-deaf (hearing challenged) people :

'....Read this article in First post -- Robin Hood or just Hood? FM has mugged all, rich and poor

http://www.firstpost.com/business/robin-hood-or-just-hood-fm-has-mugged-all-rich-and-poor-249058.html?utm_source=MC_TOP_WIDGE


Head-in-the -sand and clogged ears wont help .... ,ultimately public is paying.


The article cited seems to say that every one has been taxed. How does it relate to our debate here? Since neither peter not paul have been tax-spared, how should we conclude that FM is trying to mis-lead public/people with that 50,000 limit?



FM is just doing his job .... and pretending to be deaf is not going to work.

LIC has been 'conned'(as per the article) into buying ONGC ,but there is more stake sale -- 30000 crore -- lined up for FY 13.

Was LIC reluctant ? why? They are not smart ?

How much can LIC alone do ? Dont forget LIC buys with the premium money collected from public that buys insurance.

Public (salaried middle class specifically) participation is essential to off load 30k crore? How can they be 'induced'/FORCED ?

One way is to make gold expensive (BY CUSTOM DUTY LAW)and then SIMULTANEOUSLY make it easy to own equity( BY TAX LAW) esp what the government wants to sell.

You STILL dont get it , vinst ? LAW is being pushed through in the budget to achieve the above objective.
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ajayhkaul
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Post: #469   PostPosted: Tue Mar 20, 2012 3:58 pm    Post subject: Reply with quote
While Nifty is sliding , the FEAR index VIX is going towards complacency levels.

Notice that ?

What does it imply ? Big move coming up ?
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vinay28
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Post: #470   PostPosted: Tue Mar 20, 2012 8:22 pm    Post subject: Reply with quote
big move which way ajay?
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vinst
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Post: #471   PostPosted: Tue Mar 20, 2012 9:49 pm    Post subject: Reply with quote
ajayhkaul wrote:
vinst wrote:
ajayhkaul wrote:
Nobody ? really vinst?

givemegold posted this for the FM-deaf (hearing challenged) people :

'....Read this article in First post -- Robin Hood or just Hood? FM has mugged all, rich and poor

http://www.firstpost.com/business/robin-hood-or-just-hood-fm-has-mugged-all-rich-and-poor-249058.html?utm_source=MC_TOP_WIDGE


Head-in-the -sand and clogged ears wont help .... ,ultimately public is paying.


The article cited seems to say that every one has been taxed. How does it relate to our debate here? Since neither peter not paul have been tax-spared, how should we conclude that FM is trying to mis-lead public/people with that 50,000 limit?



FM is just doing his job .... and pretending to be deaf is not going to work.

LIC has been 'conned'(as per the article) into buying ONGC ,but there is more stake sale -- 30000 crore -- lined up for FY 13.

Was LIC reluctant ? why? They are not smart ?

How much can LIC alone do ? Dont forget LIC buys with the premium money collected from public that buys insurance.

Public (salaried middle class specifically) participation is essential to off load 30k crore? How can they be 'induced'/FORCED ?

One way is to make gold expensive (BY CUSTOM DUTY LAW)and then SIMULTANEOUSLY make it easy to own equity( BY TAX LAW) esp what the government wants to sell.

You STILL dont get it , vinst ? LAW is being pushed through in the budget to achieve the above objective.



Budget can push the law, why not? It would be going thru parliament.
Reliance people induced the public thru endless mergers/spin-offs, they were called masters who understand how to raise money. Umpteen others follow much worse tactics. However, govt has only announced smallish tax rebate.
Believe me, Ajay, 2% customs duty won't do even as much harm as a harmless butterfly sitting on someone's hand. People have been buying Gold though its price increased 20%-30% in a few months. 2% duty hike would be forgotten by next month (except by the two of us Smile )
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ajayhkaul
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Post: #472   PostPosted: Wed Mar 21, 2012 1:26 am    Post subject: Reply with quote
vinst : here's more to whet your appetite for argument :

http://economictimes.indiatimes.com/markets/commodities/jewellers-extend-strike-for-2-more-days-over-gold-duty-hike/articleshow/12340407.cms

You said no one listens to the FM ? Now you will say jewellers are aliens from other planet etc.. and 1-2% has no effect ???

You can join them in protest or turn a deaf ear.

I dont buy your argument ... if reliance can do this , tata can do that ,birla can do this, government can do whatever ..... and you will stay out of hearing range. Laughing
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ajayhkaul
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Post: #473   PostPosted: Wed Mar 21, 2012 1:27 am    Post subject: Reply with quote
vinay28 wrote:
big move which way ajay?


Up Up and away ....heh heh Laughing
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vinst
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Post: #474   PostPosted: Wed Mar 21, 2012 8:20 am    Post subject: Reply with quote
ajayhkaul wrote:
vinst : here's more to whet your appetite for argument :

http://economictimes.indiatimes.com/markets/commodities/jewellers-extend-strike-for-2-more-days-over-gold-duty-hike/articleshow/12340407.cms

You said no one listens to the FM ? Now you will say jewellers are aliens from other planet etc.. and 1-2% has no effect ???

You can join them in protest or turn a deaf ear.

I dont buy your argument ... if reliance can do this , tata can do that ,birla can do this, government can do whatever ..... and you will stay out of hearing range. Laughing


Let these jewellers go on strike for a few days. The middle class which we are discussing can wait for 2 more days.
Take this now: My neighbour want to buy more gold since govt has started custom duty hikes (probably may continue ?)., so gold price may further increase in India.
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ajayhkaul
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Post: #475   PostPosted: Wed Mar 21, 2012 9:31 am    Post subject: Reply with quote
vinst wrote:
ajayhkaul wrote:
vinst : here's more to whet your appetite for argument :

http://economictimes.indiatimes.com/markets/commodities/jewellers-extend-strike-for-2-more-days-over-gold-duty-hike/articleshow/12340407.cms

You said no one listens to the FM ? Now you will say jewellers are aliens from other planet etc.. and 1-2% has no effect ???

You can join them in protest or turn a deaf ear.

I dont buy your argument ... if reliance can do this , tata can do that ,birla can do this, government can do whatever ..... and you will stay out of hearing range. Laughing


Let these jewellers go on strike for a few days. The middle class which we are discussing can wait for 2 more days.
Take this now: My neighbour want to buy more gold since govt has started custom duty hikes (probably may continue ?)., so gold price may further increase in India.


24 your neighbor ? 24
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ajayhkaul
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Post: #476   PostPosted: Wed Mar 21, 2012 1:36 pm    Post subject: Reply with quote
ajayhkaul wrote:
vinay28 wrote:
big move which way ajay?


Up Up and away ....heh heh Laughing


You had advance info, Vinay ....hope you are having a ball ! Laughing
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anand1234
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Post: #477   PostPosted: Wed Mar 21, 2012 1:49 pm    Post subject: Reply with quote
ajayhkaul wrote:
ajayhkaul wrote:
vinay28 wrote:
big move which way ajay?


Up Up and away ....heh heh Laughing


You had advance info, Vinay ....hope you are having a ball ! Laughing


hi......ajay

gr8 post..............how much this rally will continue??

thanks
anand
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vinay28
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Post: #478   PostPosted: Wed Mar 21, 2012 1:59 pm    Post subject: Reply with quote
Smile
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ajayhkaul
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Post: #479   PostPosted: Wed Mar 21, 2012 2:06 pm    Post subject: Reply with quote
anand1234 wrote:
ajayhkaul wrote:
ajayhkaul wrote:
vinay28 wrote:
big move which way ajay?


Up Up and away ....heh heh Laughing


You had advance info, Vinay ....hope you are having a ball ! Laughing


hi......ajay

gr8 post..............how much this rally will continue??

thanks
anand


That is a tough question anand!

All I can say is first we need 2/3 closes above 5400. Then we should see more fireworks.

I would have preferred higher volumes than what we see till this hour. Lets see if we get them by EOD or tomorrow .
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anand1234
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Post: #480   PostPosted: Wed Mar 21, 2012 2:10 pm    Post subject: Reply with quote
hi....ajay

thanks

ajayhkaul wrote:
anand1234 wrote:
ajayhkaul wrote:
ajayhkaul wrote:
vinay28 wrote:
big move which way ajay?


Up Up and away ....heh heh Laughing


You had advance info, Vinay ....hope you are having a ball ! Laughing


hi......ajay

gr8 post..............how much this rally will continue??

thanks
anand


That is a tough question anand!

All I can say is first we need 2/3 closes above 5400. Then we should see more fireworks.

I would have preferred higher volumes than what we see till this hour. Lets see if we get them by EOD or tomorrow .
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