Hello pkk07,
That leaked letter had nothing new in it when it came out. In fact, if
you had watched the interview of Kapil Sibbal with Karan Thaapar on thursday night on CNBC, you could have seen how confident Kapil was of clinching the deal. There, he clarified that there is nothing new in this leaked letter. This condition of not conducting further nuclear tests was already there in the minutes of the 123 agreement.
After seeing his confidence, I went long on friday at the days lows. Now I will be laughing all the way to the bank when we open gap up on monday and the bears will run to cover their shorts. Lol.
lovemeall26 ...

Hi pkk07,
See I told you in the morning, we have good chances of clinching the deal. So be it.
Finally, SINGH IS KING.
MERA BHARAT MAHAN,
lovemeall26...

Yes radkhikaji,
I agree with you that the TRIN was showning to be in oversold zone and also the slow stochs were giving a buy signal and yet we sank. And now the slow stochs is not giving a buy signal and yet we may surge up - lol.
Also the thought that this market demands tuition fees so many times from us was a good one. I totally agree with you, these days the stock markets have surely become a gambling den, where players enter and exit quickly for a quick buck without paying any attention to investment strategies. Hence, let us also play along and take dips into the running tide. All the best.
lovemeall26...

Hello pkk07,
First of all, please do not cultivate such negative thoughts for our beloved prime minister Dr. Manmohan Singh. I hold this person in really high esteem although he may some flaws. But who cares, he too is human and not a devta just like all of us. I give him full credit for putting our derailed financial health back on the tracks way back when he was finance minister and giving us a right push with his team of Mr. Montek Singh Ahluwalia etc. Dr. Singh is a true financial wizard and I am sure he has done his homework well when he went full thrust into this nuclear deal by even putting his government to stake.
The NSG meet has again ended inconclusively last night and will resume for talks again today , saturday 6th sep at 2.30 pm IST. So please dont loose all hope yet. I quote a few lines below fromm a site I reproduce -

Ruling out any substantive changes, India has rejected any attempt to add a clause on testing to the waiver document. However, External Affairs Minister Pranab Mukherjee on Friday that India was committed to non-proliferation and a unilateral moratorium on nuclear testing went a long way in converting sceptic countries over to its side.


Diplomats are working late in Vienna to make final changes to the draft, acceptable to all sides.


Even though the negotiations failed to make headway, sources say the fact that the talks haven’t broken down indicate that all the 45 NSG nations hope to evolve a consensus soon.


According to the NSG rules, the waiver must be approved unanimously for it to be adopted.


So cheer up my friend. I am still positive on this and support Dr. Singh whole heartedly for taking such a bold step in his career which ultimately is going to be so beneficial for India.
cheers.
lovemeall26
...

Yes radkhikaji,
After seeing nifty do a topsy turn inspite of the charts showing something else for the past two days, I too feel like throwing TA into the dustbin. Sheer madness going on these days worldwide.
After such a strong rally on tuesday, all TA was showing a higher trajectory, but nope, nifty had other plans. Seems , we will have to overlook TA for a few days and see the market sentiments which are taking more centrestage these days.
lovemeall26...

Hi pradesh,
Its so sad that one cannot pass criticism out here on the boards healthily. I mean, one should learn to accept ones faults if there are any. This is not the way of getting rid of criticism by deleting an open statement. Earlier, I used to write so prolifically out here, but now I find it useless due to such characters.I am not one who will falsely accuse or praise someone. If someone deserves praise , he will get it from me and if criticism, he will get that too. Anyway, I was expecting it to be deleted hence had preserved my message. Lets see, how many times he deletes it.lol
lovemeall26 ...

good one joesir,
ha ha hah, if relcapital comes to 700, I will pick up 3000 shares blindly.I wish people saw through HLN's tactics.
regards
lovemeall26...

Hi, I cannot help posting my detailed views about NSG waiver given this afternoon. It is a LANDMARK victory for Indian Foregin Policy. Such moments come once in a generation. This waiver should be treated as a stamp of approval of INDIA RISING. Nothing can stop India from taking its rightful place in the world. Our share in world GDP remained 20-25% for most of the history. But with the arrival of British in 18th century, it kept on falling decade after decade. In 1914 it plunged down to just 1% It is again rising now. With this landmark deal, it is all set to go further. More in next message....

Hey lovemeall26, I too respect Manmohan Singh for his personal qualities but after the secret document leak in US, it looked like he has been taken for a ride by US. If you recall, China did the same to Jawaharlal Nehru and that ultimately led to his demise. Pakistan did the same to Vajpayee after the Agra Summit and he still nurses his wounds. If you are good but allow yourself to be deceived and that deception costs your country dear then you can not be excused just because you were meaning well. If you are gullible then you are not worthy of being a diplomat....

Lovemeall, The TRIN did indicate something fisy.. when we had a 500 point rally that day it was oversold at 1.6, and was oversold all three days this week when we rallied or were resilient.. but then since we dint fall i thought i was reading too much into the bearish TRIN and on an impulse let go my PUTS for a song.... too bad....

Seems like India is all set to NOT get the waiver at NSG. This effectively means that this govt. has to not just go out with a red face, its the end of political career of Mr. Manmohan Singh. Worse than that, it shows India its place in world matters. However proud we may be of our resurgent nation, the world still thinks we are shit. Wonder how would the stock markets react on Monday. Are we staring at another black Monday on back of more sell off in Europe and US and NSG failure?...

Unfortunately, there has been no action from Mod against deletion of msgs of boarders....

For that, market as a whole has to come down below 10000....

Hi lovemeall26 I had read your earlier post and was expecting its deletion. It has happened again since you are critical. Try to praise and your post will be reproduced. Learn to live with this !! It was good that you had preserved the message. I am with you....