In most recessions DOW has touched close to 50% lows from peaks and 7000 may be a bottom but in the financial sector collapse during the 1930s DOW touched almost 89% lows.. yes.. take a look at the following data

Great depression 1929 to 1939 marked by banking collapse
DowJones lowest at 41.22 on July 8, 1932
DowJones Highest at 381.17 on September 3, 1929
Dowjones Average being 150.83

NOT TO SCARE YOU GUYS lol

Of course you cannot compare the low tech 1930s with the high tech but 2008, but high tech can cause more serious problems. LOL

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Swami Ramdev is an amazing GURU... he has a great sense of humour and is at ease with his audience. He is indeed admirable. He has shown the world what VEDAS i.e Yoga an Ayurveda can do. The kind of audience he has i bet Deepak chopra the one time wonder has never seen. One should have the desi touch to draw audiences not sit in US and advice sophistication. LOL...

Pune,

Thanks, but i am not sure if i can take risks with MFs at highs, now though there is no risk in MFs so i might break and invest in MFs. Yes pension plans are lousy. I dont know what to do. I think i will just sit on everything as is. LOL...

My simple general views which may go wrong also. LOL

The NIFTY, the Sensex, the Dow are all completely bearish. The DOW however does show accumulation. The TRINS are all completely bearish and oversold at greater than 1, but the NYSE TRIN is far too bearish at 17... yes its oversold at a whopping 17 even though they recovered so much and saw so much volatility. I am not sure if the TRIN recovered though coz i dint calculate the TRIN at the height of loss for that day, but this TRIN of 17 is so so so bearish.... until now the NYSE TRIN showed a neutral value but ystday it shows a TRIN of 17. Anyone calculated TRIN for NYSE, do u confirm its 17.

I wont touch a call option with such a TRIN. May be Dow could touch 7000 on Monday.

But i have been wrong 75% of the times so please dont hold me responsible. I am just reading the technicals as is....

Subasu,

The ADX indicator too is an indicator based on some stastical formula. A brilliant indicator which calculates something called directional spread over days.... its very consistent most times....

Ok dept of stastics data does not reach the FM before its released?...

subasu,

He gave me some complex calculations that went right above my head.. lol... no there is no penalty. He only said since this FD has a lock in for 3 years and is almost 2 years into it, if i have to break the FD, i will have to accept interest rate of only 8.5% for two years as thats what the interest rate table shows for 2 years when i booked it. So no penalty but only repayment of excess interest paid coz i am breaking it sooner.

Okay i will have another chat with him....

Dear Radhika_nandlal, My take on Interest Rate - Almost every indian Investor/saver have deposits in Banks. Over the last 18-24 months, the banks r offering higher rates on deposits (test case u r thinking to join this @ 11% FD). Add 2.25-2.5% administrative cost & profit margin for banks on these deposit rates. The effective lending rate works out to around 12-13% but wait there is another twist in the tale named as CRR (Cash reserve ratio). For every 100 Rs. accepted by bank as deposit, it `ll have to keep 7.5 Rs. (after recent reduction of 1.5%) mandatorilly with RBI & it `ll be non income earning. So from the 100 Rs. deposited by u, the bank `ll be able to lend only 92.5 Rs. & before the CRR cur the same figure was 91 Rs. only. So the effective lending rate comes around 14-15%. Now add at least 1-2% NPAs (non performing assets), the same lending rate `ll move on to on more higher level around 15.5-16%. Now change ur shoes from depositor to borrower, R u ready to borrow at such higher rates to purchase - 1. That Plasma Panel 2. That High speed Mobike for ur son 3. That Grand new sedan costing 10+L 4. That sweet little (lavish) home costing anywhere from 20L to some crores depending upon in which place of india u r. 5. That drean swiss vacation ....... ...... The list goes on & on, but one thing is certain u `ll certainly cutback some of the above mentioned purchases or delay the same. Now imagine u r not a domestic borrower but a corporate borrower. To increase ur capacities or starting a new factory or any other business requirement, after taking loans at such higher rates, how `ll u earn profits when the sale of ur products (CAR, Bike, Consumer goods, Homes....) is going down. Sooner or later, the interest rate `ll go down, how much I DON`T KNOW, by when, again I DON`T KNOW. I know only one thing, for a healthy growth, low interest rates r essential. Thanks Ashal...

Hey radhika.......These days u can take instant photographs with the technology developed at advanced stage.....I thought u had one copy.Anyways let me hope I have the fortune of getting a one.....ROFL ...

Well forget Dow for low tech booms and high tech booms, look at Nikkei of 1990`s, look at Nasdaq of 2000`s for high tech booms, and also if u are not forgetting I had posted a message over here about the Japanese deflation and said that we might be replicating the same, u too had posted ur view on the same. Also if VipulBhai is reading this I had said to him when sensex was close to 15k `regarding his statement of mother of all bull runs` that let first 12 k come to see a mini bull run from 12k to 15K and then 8k to come to see a mother of all bullruns but albiet a short one ending at 12k, so well now close to 9k might be a short term bottom which wud target 12.5 k as fast as it can to say that it is a mother of all bull runs, we might even get an upper circuit which one of our boarder here had desired, but then we wud be starting time wise correction (which might run a decade or too) wherein the sensex might trade first 8K to 14k then 6K to 12K and lastly 4K to 10K. Next bull run doesnt seem to start before 30 - 40 yrs....

Radhika: Losses can be carried forward only when you book them.. so you need to sell the stocks.. Then you need to buy the stocks back again.. Money is only made when it is put to use.. only companies can turn money around adding value and making more money.. what we need to do is look for companies that are deep value stocks and have good promoters.. rest is history.. you will definitely do well on a long term basis.. This is the best time to buy ..(if you have the money) =happy investing. ...

IMF warns of world financial system `meltdown` The International Monetary Fund has warned that the world financial system stands on the ...

In most recessions DOW has touched close to 50% lows from peaks and 7000 may be a bottom but in the financial sector collapse during the 1930s DOW touched almost 89% lows.. yes.. take a look at the following data Great depression 1929 to 1939 marked by banking collapse DowJones lowest at 41.22 on July 8, 1932 DowJones Highest at 381.17 on September 3, 1929 Dowjones Average being 150.83 NOT TO SCARE YOU GUYS lol Of course you cannot compare the low tech 1930s with the high tech but 2008, but high tech can cause more serious problems. LOL ...

Dear Radhika Nandlal, For God sake DONT Invest even 1 Rupee in any Pension Plan due to POOR Annuity Returns & Adverse Tax Laws. Instead of Putting money in FD, Invest in UTI Mahila Unit Scheme with Dividend Reinvestment Option ( Div.Tax Free) to earn more than 11% on long Term Basis. This Scheme Invests less than 30% in shares & more than 70% in Fixed Income Instruments. Even today,its 1 year/2year Returns are +ve. P.C.Sharma ...