A little story of and for INVESTORS
Rajiv (Investment Consultant) (60 Points)
31 January 2008There was a small village, everyone in that living happily, one day
someone from big city came with his assistant, he said- I will give
10rs for every monkey you catch and bring to me, villagers have found
new job -they caught monkeys and sold to that stranger made good
money, after a while they lost interest -The stranger said-I will give
you 15Rs for every monkey -more monkeys came,after a while the price
of monkey went up to 60-One day the stranger was out of the village
his assistant said -Look this guy does not pay me-I want to sell all
his monkey to Rs 50 so when he comes back you can sell it back to him
for Rs 70- the villagers agreed -The assistant has sold all monkey to
the villagers for Rs 50 and went out of d village-villagers had their
monkey back & still waiting
The villagers are us Indians , our stocks are the monkeys and FIIs are
the strangers !!!
Lets all learn
CA Rajiv D Khatlawala
(Author : "How to profit from technical analysis" (Vision books))
Access the descripttion of the book at www.visionbooksindia.com