General Trading Chat

cloudTrader

Well-Known Member
PareshR,

I have more trust in Modi's promise of depositing Rs. 15 lacs into our bank account as said after recovering black money than Subramaniam Swamy's promise of abolishing Income Tax. Hope springs eternal.... politicians know, there's nothing to loose in making promises, public is gullible and want to believe.... as after sometime, people will forget what was said earlier when they hear a bigger, better and a brighter promise of more money sometime in the future after the election is over.... :lol: BTW, it is an old Congress trick.
Media is at the lowest ebb of its ethics as we can see clearly as of now.. reason being , it is not run by real media persons & journalists but by a handful of big corporates who have to view everything in money terms. Ethics are Greek to them..

As far as promises made and fulfilled is a far off dream now for the people of India as the president of the ruling party has already made clear that there is always a jumlaa to be understood.. If we understand his views then we would respectfully make out the difference between reality & the jumlaa's being rolled out every now & then.. :lol:
 

wisp

Well-Known Member
Who is trying to push the market up? Can they sustain? :D Will it set up for an awesome crash.........either way doesnt matter to traders.
 

cloudTrader

Well-Known Member
Subramanian Swamy says Income Tax can be abolished in 1 week (or within 3 years) – find out how

Outspoken Bharatiya Janata Party (BJP) MP Subramanian Swamy, in a speech at the Indian Merchants’ Chamber on Thursday, said he will abolish income tax in the next three years.

“If I am a part of the government, I could do it in 7 days. Since I am outside, I will abolish income tax completely over the next three years,” Mr. Swamy said. “The corrupt income tax system should be scrapped.”

Finance Minister Arun Jaitley did not use this method because he, being a lawyer, was “sensitive” to the rights of those who have kept black money abroad, Swamy said at an event here.


http://zeenews.india.com/news/india...k-or-within-3-years-find-out-how_1896882.html

http://www.thehindu.com/news/cities...-in-three-years-says-swamy/article8739787.ece

http://indianexpress.com/article/in...ax-increase-savings-rate-push-growth-2857330/
Subramaniyam Swamy statements now quite resemble Baba Ramdev's small time speeches. Kaala Dhan [70 sattar laaakh karore - screaming again & again] :D , many moulded historical facts [scripted by his local historians], abolition of Income Tax & many more in the list which someday Swamy will repeat... :D
 

DSM

Well-Known Member
As said before by wise men - Trade what you see, not what you think.... Happens day after day.... Only charts matter. Analysis if in agreement with charts, is fine, else to be discarded into the dustbin and forgotten.... If the markets has to move up, charts will confirm, if it has to move down, charts will confirm...

Well played today. Everyone expected a fall and market moved up. Just shows how the odds are stacked against the individual investor who doesn't do his homework.
 

Similar threads