Sunday, December 13, 2009
EYE-OPENING ISSUE OF IIP NO. 13-12-09
DEAR INVESTOR & TRADER,ON FRIDAY,THE DAY OF DECLARING IIP(INDEX OF INDUSTRIAL PRODUCTION)NO.,AS THEY DECLARED ROUND ABT 12 O'CLOCK,MARKET EXPERIENCED A BIG BLOW OF 100 NIFTY POINTS.WHO WAS RESPONSIBLE FOR THIS,AS DATA WASN'T THAT POOR(SOMETHING LIKE 9.5% FROM 9.1%),BUT NOT UPTO THE MARK ACCORDING TO ESTIMATED MARK OF THOSE SO-CALLED VALUER CNBC-TV PEOPLE.THEY RAISED THEIR VOICE & SAYING THAT NO. IS POOR,SO PEOPLE(80-90%)WATCHED THAT(MOST PEOPLE HAVE GOOD CONFIDENCE IN THAT MEDIA,WHY??) & THEN WHAT HAPPENED U KNEW ABT IT.THEIR ESTIMATED NO. WAS SOMETHING LIKE 12.5% WHICH CANT BE POSSIBLE FROM ITS PREVIOUS DATA OF 9.1%WE KNOW,INDIA IS A GROWING COUNTRY,BUT MoM THE GROWTH CAN BE SLOW & STEADY.IT CANT JUMP TOO HIGH LIKE MARKET IN A MONTH TIME.DESPITE GOOD IIP DATA,BCOZ OF THAT UNWANTED RAISE OF LOWERING IIP NO.,ALL CALLS TRIGGERED THE SL & MARGIN CALL.BAD VOICE WASTED UR MONEY.PLS DONT FOLLOW THOSE MEDIA PEOPLE AS THEY R ONLY EMPLOYEE NOT VALUEE,KEEP FAITH IN URSELF & DONT TAKE OVERNIGHT POSITION ,AS MARKET IS TRADING AT HIGH POINT OF 19-MONTH. BUY ONLY DELIVERY STOCK ONLY AT LOW & GET OUT EARLY WITHOUT BEING GREEDY.SAVE UR HARD EARNED MONEY,DONT WASTE IT BCOZ OF THOSE UNWANTED,BASELESS NEWS.KEEP FAITH IN URSELF.BE A SENSEFUL & SMART TRADER.
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