November 2010

 

madhav ranade (11/25/2010 12:58:34 PM): when u hv two previous trading sessions like we had .... to pick intra trading levels is really a big challenge ........ i am glad that i picked the right ones .......

madhav ranade (11/25/2010 11:18:41 AM): housing scam ...... the larger issue is that the internal audit system is unable to find the bending of prudential norms of lending ....... if that system system is not foolproof .... so there will be hundreds of corrupt officers working at several levels and taking advantages of lacuns in the system ...... just because we r in the market and everyone wants markets only to go up .... so even doyens like deepak parekh also ready to pull wool over their eyes .... yesterday he was saying that is how the system works ....... hahaha ....... a big joke ......

madhav ranade (11/25/2010 11:08:12 AM): housing scam case ....... the problem is the malice that is prevalent in the system ....... SPEED money ..... the nicer way of putting it ...... i want my job done now .... so i pay ...... then it extends .... i dont hv proper credentials or attributes .... but i want my job done ....... so i pay more and get my job done ........ and so it goes on ... when it comes to banks .... dilution of prudential norms is the biggest crime one can do .... and when the CEO of the co is involved ....... the whole co has to come under cloud .... no matter what is the press note saying ...... a corrupt CEO can not be a good commander ...... full stop. madhav

madhav ranade (11/25/2010 9:22:40 AM): powergrid ...... supply is getting absorbed at 95 .... easily ....... i think the stock wl move up to 97/98 by day end .......