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The Market Mastermind ! |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #601  Posted: Fri May 11, 2012 9:45 pm Post subject: |
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| vinay28 wrote: | | the last time a socialist won in france, cac fell 30% |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #602 Posted: Sat May 12, 2012 12:51 am Post subject: |
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Unites States of China ...
"....A Chinese group known as “Sino-Michigan Properties LLC” has bought up 200 acres of land near the town of Milan, Michigan. Their plan is to construct a “China City” with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.
Essentially, it would be a little slice of communist China dropped right into the heartland of America. This “China City” would be located about 40 minutes from both Detroit and Toledo, and it would be marketed to Chinese business people that want to start businesses in the United States. Unfortunately, this is not just an isolated incident.
In fact, Chinese companies have been buying up land and businesses all over the country in recent years. There has even been talk of establishing “special economic zones” inside the United States modeled after the Chinese city of Shenzhen. It was inevitable that the Chinese were going to do something with the trillions of dollars that they have made flooding our shores with cheap products. Now they are rapidly buying up pieces of America, and many of our politicians are welcoming them with open arms...." |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #603 Posted: Sat May 12, 2012 1:14 am Post subject: |
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JPMORGAN..... held a surprise conference call last night, and confessed to $2 billion in trading losses over the past six weeks, due to a failed hedging strategy from its chief investment office in London. CEO Jamie Dimon claimed that the banking firm could suffer an additional $1 billion in second-quarter losses because of recent market volatility. JPM has taken a 8.5% dive in pre-market trading, while others in the financial sector are feeling the pinch, as well.....
Ajayhkaulblog carried a story sometime ago on JPM and the silver short ...wonder if that is a part of this loss?? |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #604 Posted: Sat May 12, 2012 1:29 am Post subject: |
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| pkholla wrote: | | Ajay: What r the chances of Hollande's La Belle France doing the same Greek dance (CAX?). He appears to be as stupid as the Greek Trage-Comedians! With Merkel losing local elections in Germany, Cameron in deep s%^t in UK, is there any chamatkar tara on the horizon???? The only + is Burlesque-oni looking to be permanently out of Italy politics!! Prakash Holla |
I tend to look only at the 'self-interest' component ie what would Hollande do to survive ? After all, you don't get to be president everyday?
SO he will tend to please the public ?
Mr Hollande is proposing four ideas: more financing for the European Investment Bank, European "project bonds" to fund infrastructure programmes, the creation of a financial transactions tax and better use of EU structural funds.
His aides say he will seek a compromise with Ms Merkel.
This means some more printing ....
To answer your question , Prakash .... Western world has demography issue .... they will take a long time before a younger generation is dominant . They will have to lower their standards of living and work for the chinese bosses (just as the americans will)
Meanwhile ....Public employees are pushing back by taking their employers—the cities—to court.
In San Jose, California, the public unions(includes the police force) are taking the city to court to contest the city’s attempt to force the public employees to either contribute more of their paycheck toward their pension or accept a reduced retirement pension plan (source: Reuters, May 8, 2012).
There are eight similar lawsuits nationwide!
The cost of fighting this lawsuit is not budgeted , of course! So to cover this and other costs , the city will layoff more public sector employees. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #605 Posted: Sat May 12, 2012 7:16 am Post subject: |
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"The cost of fighting this lawsuit is not budgeted , of course! So to cover this and other costs , the city will layoff more public sector employees."
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #606 Posted: Sat May 12, 2012 6:20 pm Post subject: |
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ajay, vinay, rk: thanks for clarity of posts. keep up the good work
ajay: "trading loss in precious metal futures? no problem, QEx (x=1,2,3,..) is round the corner. after all didnt the morons in washington come to our rescue when the s$%t hit the fan after sub-prime losses?"
rgds, prakash holla |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #607 Posted: Sun May 13, 2012 1:56 am Post subject: |
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| pkholla wrote: | ajay, vinay, rk: thanks for clarity of posts. keep up the good work
ajay: "trading loss in precious metal futures? no problem, QEx (x=1,2,3,..) is round the corner. after all didnt the morons in washington come to our rescue when the s$%t hit the fan after sub-prime losses?"
rgds, prakash holla |
I only hold physical silver and gold. No paper assets . Futures not my style.
I wrote about 'sell in May and go away' .
This occurrence is likely to be followed by a spike in precious metals in June , July this being presidential election year and QE looks inevitable as you also mention.
Meanwhile at around $1425 -1525 , I may add .......ditto silver. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #608 Posted: Sun May 13, 2012 10:42 am Post subject: |
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| Ajay, it may just be possible that, this year, it is buy in May and go away! |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #609 Posted: Sun May 13, 2012 1:08 pm Post subject: |
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Unlikely, Vinay ... they will be back only after the summer holidays .
Meanwhile , any selling will only take things lower since there may not be any buyers (expect the DII to hold fort till then for stocks)
This is a regular phenomenon ..check out leap years and provide your views. |
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chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
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| Post: #610 Posted: Sun May 13, 2012 1:24 pm Post subject: |
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| ajayhkaul wrote: | Unlikely, Vinay ... they will be back only after the summer holidays .
Meanwhile , any selling will only take things lower since there may not be any buyers (expect the DII to hold fort till then for stocks)
This is a regular phenomenon ..check out leap years and provide your views. |
Leap year 2004 and 2008 where different and market had already corrected since its Jan close in those year....in 2012 lets see if there is a bounce back from 4800 levels (last hope) which is also the support area of the rising TL since Oct'08. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #611 Posted: Sun May 13, 2012 2:21 pm Post subject: |
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| ajayhkaul wrote: | | pkholla wrote: | ajay, vinay, rk: thanks for clarity of posts. keep up the good work
ajay: "trading loss in precious metal futures? no problem, QEx (x=1,2,3,..) is round the corner. after all didnt the morons in washington come to our rescue when the s$%t hit the fan after sub-prime losses?"
rgds, prakash holla |
I only hold physical silver and gold. No paper assets . Futures not my style.
I wrote about 'sell in May and go away' .
This occurrence is likely to be followed by a spike in precious metals in June , July this being presidential election year and QE looks inevitable as you also mention.
Meanwhile at around $1425 -1525 , I may add .......ditto silver. |
Few months back after the steep fall in silver.I considered accumulating Silver,consequently refrained from it and decided to wait for a second fall,(Thanks to equity market up move and to my long positions)which usually follows an initial steep fall.
One can observe that Silver and Gold were pushed down intentionally by world monetary powers.
Look at the pattern of charts, during lunch times Gold and silver is being pushed down with thin volumes. Learned Investors Know the game and might be waiting for an opportune time for accumulation.
I would like to warn all the Investors that one should be aware of the fact that monetary super powers are against the rise of precious metals and using their money power to artificially suppress the prices.
The fundamental scenario is bright for precious metals. The series of monetary inducing, rise in demand, limited supply are the fundamentally favorable factors for them.
The monetary super powers counter positioning is a big negative for precious metals for time being. Obviously it could turn in to a big positive once the upside potential is unleashed .They may break their shackles and may move up with vengeance with unprecedented velocity.
I started my accumulation of Silver now and my second point is 26.50$. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #612 Posted: Sun May 13, 2012 5:33 pm Post subject: |
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| Unfortunately, since India became a mature market after 2000 and devoid of big scams like those of HM or KP, we have had only 2 leap years. I am willing to expect the unthinkable! |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #613 Posted: Sun May 13, 2012 11:42 pm Post subject: |
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| vinay28 wrote: | | Unfortunately, since India became a mature market after 2000 and devoid of big scams like those of HM or KP, we have had only 2 leap years. I am willing to expect the unthinkable! |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #614 Posted: Tue May 15, 2012 9:50 pm Post subject: |
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EVENT CALENDAR
US
• Consumer Price Index MoM (15 May)
• Consumer Price Index YoY (15 May)
• Advance Retail Sales (15 May)
• MBA Mortgage Applications (16 May)
China
• April Property Prices (18 May)
• MNI May Flash Business Sentiment Survey (18 May)
• Actual FDI YoY (14-18 May)
Euro Zone
• Eurozone CPI MoM (16 May)
• Eurozone CPI YoY (16 May)
• Eurozone Trade Balance (16 May)
US
• Apr Existing Home Sales MoM (22 May)
• Q1 House Price Purchase Index QoQ (23 May)
• Apr Durable Goods Orders (24 May)
• Initial Jobless Claims (24 May)
India
• Food Articles WPI YoY (21 May)
• Primary Articles WPI YoY (21 May)
• Fuel Power Light WPI YoY (21 May)
China
• May HSBC Flash China Manufacturing PMI (22-25 May)
• MNI May Business Condition Survey (25 May)
Euro Zone
• May Euro-Zone Consumer Confidence (20-23 May)
• May PMI Manufacturing (21-24 May)
• Mar ECB Euro-Zone Current Account SA (23 May) |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #615 Posted: Tue May 15, 2012 10:20 pm Post subject: |
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| good research rk! |
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