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Wednesday, January 23, 2008

It's Good to be an idiot rather then "Over" smart in Stock Market


Click above image and look. Now, still you wonder the downfall? I gave the 21,100 sensex as reversal point and the reasons are pointed at above image.


Subject of this post seems to be a bit confusing. Right?

Have anyone had came to buy in last 3 days??
no?
why?
You was nervous.
Your broker told that another 2000 point fall no body can stop.

Okay, You called your broker to buy and he was unable to do so, though your account is credit.

Now, this is the reason I am talking about. Even some of persons who called me and asked whether they should buy or not and I told them to buy like hell if you are an investor and want to hold. I know they never spent a second and called their broker. After 30 minutes, they all called back that their broker are packed and the can only sell.

My point is, when those clients were have credit balance, why they can't buy? If so, then the exposure which belongs to them have been used with some one else.

Where is SEBI now? There should be some rules for this. Means if a client have credit balance, there must have some rules so that he can buy when he wants. My clients told to buy 100 shares of Reliance Cap at 1610 and he can't. Whose fault it is? He simply loss Rs. 30000/-

Now, I guess you understand why a stupid is better than over smart. Those guys who called there brokers to buy at that time was stupid one for our known persons.

Please remarks for this post or mail at johnnypareek@yahoo.com. Please suggest possible solutions so that I can go forward to protect small traders/investors.

Kailash Pareek (johnny)
09864030931

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