Be Positive

This Story is about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs. He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and use to sale more. He recruited few more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is coming our way?"
The father replied, "No, but tell me about it." The son said, "The international situation is terrible.
The domestic situation is even worse. We should be prepared for the coming bad times."
The man thought that since his son had been to college, read the papers, listened to the radio and watched TV. He ought to know and his advice should not be taken lightly.

So the next day onwards, the father cut down the his raw material order and buns, took down the colourful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his hotdog stand. And his sales started coming down rapidly, same is the profit. The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."
Moral of the Story:
It's all in your MIND!
And we actually FUEL this recession much more than we think.
BE POSITIVE!

Will NIFTY Touch 4000 Mark ?

As per research, i am not pretty confident that nifty will touch 4000 in the coming days, i think the global uptrend this week is due to G20 submit and some changes on Banking sector regulation etc..

Reasons for Market uptrend for last 2 weeks

1. Leaders in the G20 submit have committed more than 1 trillion USD.

2. Timoth Githener is getting more support from wallstreet and the perception on his economic plan has positively changed.

3. Obama's government has unveiled clear cut plans for Afg-Pak plan with Iraq's exit strategy.

4. Sarkozy and Angela merkel have their own plans of economic reforms which for EU which looks like better plan than US, so there is a multi level approach from all the G8 countries to fix the economic problem which will ease the burden and dependency on US

5.Interest-rate cut in Europe, tweaks to accounting standards in the United States and hopes that a global economic summit would yield results.

6.The Labor Department said that initial jobless claims rose to a seasonally adjusted 669,000 from the previous week’s revised figure of 657,000 and Investors are bracing for a bleak report when the government announces the March unemployment rate on Friday

7. Obama's reset plan to defuse tensions between Russia and Iran.

8. Benjamin Netayanu's open statement that he will work for Arab peace process.

9. Reliance kicks off from KG basin

10. NDA gaining momentum on the pre poll election drama and investors are positive that NDA will form the next government Other than these facts i don't find any specifc reason for market uptrends.

Reasons for Market downtrend

1. GM and Chrysler are the sinking boats and anytime they will file for Bankruptcy

2. N.Korea's missile launch is inevitable between Apr4- Apr8 and either Japan or US will intercept the missile, which may lead to further retaliation from N.Korea against Japan.

3. Obama's is being isolated on G20 submit and held a separate press conference for foreign press where as other G20 leaders held a separate press conference which shows there is no unified approach between G20 countries

4.Stratfor has said that a 26/11 style attack in India before or during elections is inevitable and India is preparing to brace this attack.

5.High possibility for a hung parliament may also lead to instability on economic policies.

6. Indian companies will start to lay off jobs after elections.

7.No clear cut plan on Sattyam saga till now.