6 November 2007

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Trading the stock market
When we trade, you want to do so with the highest probability of success . With the mind, and knowing thats as human we can become emotional, you need to develop a trading strategy that is logical, measurable and most importantly repeatable. No guesswork or "get fuel", just a simple strategy that will insure you achieve consistently profitable results.
Unfortunately to many people either don't have a workable system when trading in the market or they lose their money before they gain enough experience to be successful long term. Since it is difficult to see future, we take shelter in past to predict future. It is like driving the car by only looking into rear view mirror. Rear view mirror only reflects the road, which has already been traveled. The reason we consider an investor speculator when he invest after markets have fallen is because we are referring our judgment on past events. The same is true when we refer to someone as an investor after markets have risen. However we all know that “past performance may or may not be repeated” – To drive ahead we need to look in front and not in rear view mirror. .




"TRADING THE SHARE MARKET IS ABOUT CREATING A LIFESTYLE------NOT MAKING IT YOUR LIFE STYLE"

Hold RPL NTPC AND TARGET 300 YOU WILL SEE FLYING WINGS IN RPL


Source: BSE - Reliance Petroleum Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 16, 2007, has approved the following disclosures, which were reviewed by the Audit Committee: 1. The status of the Project as on September 30, 2007 is in accordance with the major milestones stated in the Prospectus dated April 28, 2006. 2. The Company had raised Rs 8,100 crore through Initial Public Offering. As on September 30, 2007, the Company has utilised Rs 21,975 crore for the Project against a projected utilisation of funds of Rs 16,974 crore. The variation is mainly due to payments in advance under project contracts for continued efficient and speedy implementation of the Project. Based on the progress made till date the Project is expected to be completed ahead of December 2008. 3. There were 3 investor complaints pending as on June 30, 2007. During the quarter, the Company received 178 complaints. All the 181 complaints were resolved during the quarter and there were no investor complaints pending as on September 30, 2007. Date: 2007-10-16

STORY OF THE DAY




Many tales are told about Neptune the Roman god of the sea. Neptune was said to be one of the most generous of the gods.
One day a woman who lived close to the sea went down to the beach and began singing songs in his praise. Finally the god came to the surface and asked her what she wanted.
“I want a cow,” said the woman.






The next moment there was a cow standing beside her. The woman was thrilled. She began singing another song. At the end of it there was another cow beside her. The woman went on singing and every time she stopped for breath there would be another cow on the beach. The beach was small and so as the number of cows started growing it started getting crowded. Finally there was just enough room for her to stand. Yet the woman was not satisfied. There was a large rock at her feet. She felt that if she removed the rock there would be place for one more cow there. So she picked it up and summoning all her strength heaved it into the sea. Unfortunately for her, Neptune himself was coming to the surface at that moment to bestow his blessings on his devotee. The rock hit him on the head. The god was so angry he dived back into the waters taking with him all the cows he had given the woman.



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