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Hot Indian Market
- Thread starter opmtrader
- Start date
Quote from candletrader:
India, Afganistan and Pakistan are full of Al-Quaeeda terrorists, and at least two of the above countries are producing nuclear weapons of mass destruction.
In order to defend the civilized world from the proliferation of weapons of mass destruction, it is our moral obligation to force such dangerous countries to give up their WMDs and to renounce terrorism (like Libya recently did). If they fail to do so peacefully, we must be prepared to take military action against the above countries (in fact we are already in Afganistan!) in order to make the world a safer place for our children.
Having said the above, we must recognize and be grateful for the support that the Pakistanis have given us in our objective to hunt down and kill off the Evil Afgan Taleban monsters. We should therefore perhaps supply the Pakistanis with more conventional weapons as a reward (such as F16s), so long as they obey our command to get rid of their weapons of mass destruction programme.
Once the above countries are free of weapons of mass destruction and terrorism, then we can look more favorably upon their economies as a suitable investment environment e.g. soon, we should be in a great position to start developing the Iraqi oil industry, now that Iraq has been considerably cleansed of terrorists and now that Iraq's WMD programme has been stalled. If we are forced to militarily liberate India and Pakistan from their weapons of mass destruction programmes and Al-Quaeeda terrorists, then at least we will already be there to help their oppressed populations benefit from the likely post-war economic growth. We should ensure that our firms get preference in such post-war investment projects as a reward for helping to liberate the countries.
God Bless America and God Bless the Civilized Free World in the War against the Evil Doers.
I think you can replace the words india or pakistan with United States of America and it would make perfect sense too..
Indian and pakistanis can make the exact same allegations against the US and ask their allah or hindu godess to punidsh the "evil doers"...
all I saying is it's just a matter of perspective.
where are the WMDs in Iraq anyway?
I know the US has the largest amount of WMD in the world, I don't see anyone complaining?
Why should the US be the only country in the world who have WMDs?
The US started a war against UN resolution, where do u draw the line between war aggression and liberation.
should someone else be trial for war crimes besides saddam hussien?
Chill dude... read the post two after the one you are quoting! I was simply caricaturing US imperialism... I am totally in agreement with you on this issue...
Quote from vegasoul:
I think you can replace the words india or pakistan with United States of America and it would make perfect sense too..
Indian and pakistanis can make the exact same allegations against the US and ask their allah or hindu godess to punidsh the "evil doers"...
all I saying is it's just a matter of perspective.
where are the WMDs in Iraq anyway?
I know the US has the largest amount of WMD in the world, I don't see anyone complaining?
Why should the US be the only country in the world who have WMDs?
The US started a war against UN resolution, where do u draw the line between war aggression and liberation.
should someone else be trial for war crimes besides saddam hussien?
more of these emerging markets offered futures contracts.
Middle east is a huge buy right now, 'cause the US is going to transform the region, at any cost.
Middle east is a huge buy right now, 'cause the US is going to transform the region, at any cost.
Hot Indian Market?
Sensex is down 4.7% in the last two days!
IFN, its US ETF type counterpart is off a whopping 14.5% in the last 3 days!!!
Maybe starting this thread was a contrarian indicator?
It seems that every emerging market manager has to be invested in India by now. I wonder, if all the managers are already in near their max allocations, who is left to buy? I have not done my homework in depth on this market but a one sided trending market like this with everyone in exhibiting the type of behavior it has in the last few days could be poised for further decline.
I ran some very subjective nonlinear forecasting on this index last night and found that if there is a systemic natural instability in this market it should manifest itself in a crash scenario in March 2004. Again this is somewhat subjective procedure but is something to consider nonetheless.
That being said I am inclined to look at India and China as potential long term holds as the world moves to a more pluralistic shared economic leadership between the East and West. This is definitely something that should stay on all of our radar screens for the next few days, months, and years to come.
Sensex is down 4.7% in the last two days!
IFN, its US ETF type counterpart is off a whopping 14.5% in the last 3 days!!!
Maybe starting this thread was a contrarian indicator?
It seems that every emerging market manager has to be invested in India by now. I wonder, if all the managers are already in near their max allocations, who is left to buy? I have not done my homework in depth on this market but a one sided trending market like this with everyone in exhibiting the type of behavior it has in the last few days could be poised for further decline.
I ran some very subjective nonlinear forecasting on this index last night and found that if there is a systemic natural instability in this market it should manifest itself in a crash scenario in March 2004. Again this is somewhat subjective procedure but is something to consider nonetheless.
That being said I am inclined to look at India and China as potential long term holds as the world moves to a more pluralistic shared economic leadership between the East and West. This is definitely something that should stay on all of our radar screens for the next few days, months, and years to come.
A lot of the emerging markets had great runs last year. South American countries had banner years but the question is, would you invest in South America or any of country whose market was up more than 50% ? HELL NO! Check the fundies on some of these and there are problems.
Looks like you are right. I got stopped out of most of my positions with very good profit . As always that last part of the move was very good.Quote from opmtrader:
Hot Indian Market?
Maybe starting this thread was a contrarian indicator?
I had some positions in Brazilian companies same scene there also. That market has also taken a tumble.
Looks like all the Asian markets are also taking a tumble or pulling back.
I'm wondering what the best move is now. I may wait for some semblence of order in a stock like IFN and consider shorting then. I'm kicking myself for not shorting this morning. Very obvious in hindsight. Ahh... hindsight. We actually won't know if this is a real transition until a number of months from now. Pullback or precrash? We'll soon find out.