Author archives

Fun Guy, jaywalking through Life!

Heads I win, tails you lose! – Dheer Kothari

Ever heard of a company doing more than what it is required to do statutorily? Particularly, when there is a cost attached to it. I do not rule out a few stray examples of responsible corporations which have committed resources for the social sector but by and large companies prefer to play by the rule …

President Unveils Aakash Version 2.0 Tablet on National Education Day Launches Mahatma Gandhi Institute of Education for Peace and Sustainable Development

The President of India, Shri Pranab Mukherjee took the occasion of National Education Day to release and dedicate to the nation, the innovative and modestly-priced Aakash Version 2.0 tablet in New Delhi today. Unveiled in the presence of Dr. M.M. Pallam Raju, Union Minister of Human Resource Development, Sh Jitin Prasada and Dr Shashi Tharoor, …

Secrets of Jesse Livermore

1. Money Management: * “I trade on my own information and follow my own methods.” * “The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street, even among the professionals, who feel that they must take home some money every day, as though they were working for regular …

MARKET CHARTS WITH NOTES: Umesh Shanmugam

Gold: Gold made a low of $1672.90 last week, a little above its 200 DMA, which was then positioned at $1662, to close the week at just under its 50 DMA at $ 1730.30. The pullback from the recent low of $1672.90 is reactive in nature. Gold could above $1700 but below its 50 DMA …

Important Trading Lessons – Umesh Shanmugam

These are some of those fundamental and undeniable truths, as I have come to understand them over the course of my trading career: Most of the time, markets are very close to efficient (in the academic sense of the word.) This means that most of the time, price movement is random and we have no …

FM Chairs Fifth FSDC Meeting; Discusses Issues Relating to Addressing of External Sector Vulnerabilities, Development of Corporate Bond Market and Report of the FSDC Sub- Committee to the Council

The Fifth Meeting of the Financial Stability and Development Council (FSDC) was held here today under the Chairmanship of the Union Finance Minister Shri P. Chidambaram. The meeting was attended by Dr. D. Subbarao, Governor, RBI, Shri U. K. Sinha, Chairman, SEBI, Shri Yogesh Agarwal, Chairman, PFRDA, Shri R.K.Nair, Member, IRDA, Dr. Arvind Mayaram, Secretary, …