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Messages From gdd
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Most worldwide and in India specially finacial analyists, experts pundits are not only blind, deaf and dumb, but also stupid . The simle laws of economics and nature were defied by these persons, to unimaginable levels. This was mainly to satify there collective greed for highr pay and bonusses. Never in the history of world (except) in last 15 years or so, specially in last 5 years executive compensation grown so fast and so much that it dwarfed the interest of the company and shareholders. The govt also bacame party to this. Even the bankrupt LB, wants super severence package for their executives under the bail out plan. This is ridiculous.

Unless companies revert back to modest and reasonable expense on employees, and stop incurring massive CTC for executives, the companies are doomed to bankruptcy in coming days. Too much money in young hands is detrimental to public and economic health.

I cant understand that such simple thing were not understood by the so called graduates from elite institutions and creanm de la cream of the society, that they couldnot forsee the disaster in the offing.
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07 Oct 2008 13:05
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All thebulls and bears of the markets, the time for reality strike is fast approaching. Get ready for the bottom, nfty sub 3000 and sensex sub 10000.
The markets are becoming realistic.
Where ir will go from here will depend on how US economy shape up, but down trend will continue beyond this numbers for upto 2011. when real bottom will be visible. and if fishermen are still around they can really fish and get good catch. THe Great depression is here -reapeating ahter 80 years world wide

Half the mid caps will vansih from the scene specially the new one, realty stocks will languish in bottom less pit, (not the promoters -as they will take a lot of \"cash\" in the bargain from THE PROPERTYbuyerss and MILK THEIR COMPANY DRY), the smaller banks will default and some may go under.
The larger banks will renegade on thier commitments. The govt will change, and growth will go to sub 5%.
The job market will vanish befor the end of the year, infaltion will remain high as food products will become scarce, and Oil and commodites(non-food) will crash, but mining products price will remain high, automobiles sles will dip,
So bleak scenerio. till 2011- slow and painful recovery -3-8 years from there....
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Go hide Mr Jain, nifty 3600 -likly to hit 3300 by oct end

what do you ahve to say now?...
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06 Oct 2008 14:59
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As prdicted earlier nifty 12000
DLF -300 .ICICI 400-450
bom dye 300
rel 1600
relinfra 650
and many others and these are still falling
targets for BHEL 1000
SBI - 1100
...
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Sell in the key to financial success. sell what you have and if u want to take risk, sell what you dont have.

The bottom looks far away, and slide is downward. Nothing short of miralce will save the stock market

so get ready, for the "end" of the market, the recovery will not be before 2011....
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The low levels hit today in many leading stocks, are indication of stocks prices in next few weeks.

One will actually see these prices for smae stocks in coming weeks.
Selling on shortcovering rally seens to be a good way to rid of some low yeid stocks.

...
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analysts, marekt experts ? no place to hide.
Where is the support now? and what happenned to your "long term bull market". Everything seems to be collapsing like a house of straw.

So invetors these analysts and so called experts they are more wrong then right, in fact I would say they have no more preditive and analytical abilities than a crystal ball gazer, in fact the latter may have a btter chance of being correct than matket analyists. They take thier clients for a long ride, again and again....
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