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Egypt crisis takes toll on markets; Sensex plunges!


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brian crasto
what a joke
by brian crasto on Jan 31, 2011 12:20 PM  | Hide replies

Its a sad thing that the stock market falls because of crises that takes place in any part in the world. How is Egypt related with the stock market. During the European crises in 2010 the market went up, can any one explain the crises. The market moves up and down due to technical analyis. I have found how the market goes up and down. I have also send a comment in november2010 that the market is going to crash in january. If the market is not able to sustain above 5600 then the market can touch 4800 in october 2011 or even lower. But it some sectors are bottoming out but this may be deceiving.

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GunsNRoses
Re: what a joke
by GunsNRoses on Jan 31, 2011 12:48 PM
hahahaha, so there comes a stock market master..crap. if u r such a genius, u should have become a billionare by now, jer k

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ravindra avsare
Re: what a joke
by ravindra avsare on Jan 31, 2011 12:22 PM
Our stock market is totally driven by FIIs and foreign activities. Even a slight bad news somewhere in the world makes our market panicky. What a great country who wants to be a super power in next few years.

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Netra Maithun
Market will go down further.... 12000 levels in another 2 months.
by Netra Maithun on Jan 31, 2011 12:19 PM  | Hide replies

Tunisia and Now Egypt and may be Yemen next, than there is a remote chance of Saudi Arabia going the same way. Coming to Egypt, change will come; with or without Mubarak at the helm but the Government in Egypt will look different. While, there is no debating that a government of the people and democracy is desirable for any country, I am cautious at this moment, as the Arab world undergoes a churning after 50 years. If we take the analogy of Sagar Manthan, this churning will through up both nectar and poison. Mr. Siva was there to gulp down the poison then. I do not see anyone capable of doing this in the great Arab churning. This poison being the extremists and the extremist philosophy. The Muslim Brothers, are in the forefront. Though they had had agendas, which did not cross the borders of Egypt till date, no one can predict, how the Pan Arab jasmine revolution will evolve. Will it usher in the much needed democracy to the Arab world or, one set of tyrants replaced by another. After all, a known devil is better than an unknown one. I keep my finger crossed. I am with the people of the Arab world and hope that they achieve what they set out to do and not end up putting another set of tyrants at the helm of affairs. Amen !

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biswanath roy
Re: Market will go down further.... 12000 levels in another 2 mon
by biswanath roy on Jan 31, 2011 12:41 PM
the people of egypt want to get rid of mubarak an american & israel stooge. all their anger is directed towards this mubarak rogue who in his 30 yrs of rule has made more money than most indian politicians.

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Netra Maithun
Re: Market will go down further.... 12000 levels in another 2 mon
by Netra Maithun on Jan 31, 2011 12:21 PM
The Arab crisis is not going to get over in a few month's time... Oil supply will definitely be disrupted... The turmoil is yet to hot Saudi Arabia... Hope Israel is not sucked into this....

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shrikanth
Re: Re: Market will go down further.... 12000 levels in another 2
by shrikanth on Jan 31, 2011 01:37 PM
so. let us be prepared for a price rise in oil. ? The congis are waiting for each and every opportunity for a price rise

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sunil mandal
Bakwass news
by sunil mandal on Jan 31, 2011 11:57 AM

Nobody tell whay makt is rising or low....!!!!!

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Gajanan
Uprising
by Gajanan on Jan 31, 2011 11:32 AM  | Hide replies

What's happening in Egypt is undoubtedly an uprising. Youths have taken the lead and all have realised that this is the opportunity to get rid of the bad governance and "democratic dictatorship."

Immediately after 26/11 the youths of Mumbai too were ignited with almost similar feelings against the bad governance and "democratic dictatorship" in India. It was a spontanious reaction without any political leader or party leading it. But alas! the ignition never turned in flame and was turned off and most of us didn't realize the importance of it.

Commenting & blogging on Net is not sufficient it should be followed by action as Egyptian are doing.

WE TOO NEED CHANGE FROM THE "DEMOCRATIC DICTATORSHIP"

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RKD
Re: Uprising
by RKD on Jan 31, 2011 11:56 AM
Gajanan.. On 26/11, youth took the lead... But not politicians.
Rahul Gandhi came to rescue Shah Rukh Khan when SRK made anti Indians statements... But when Mumbai was burning, Rahul Gandhi was busy in celebrating one cocktail marriage party...


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ravindra avsare
Re: Re: Uprising
by ravindra avsare on Jan 31, 2011 12:26 PM
Don't make mention of that half indian Brat. We don't count him as an Indian politician and leader and we don't even expect anything good from him.

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Gajanan
Re: Re: Uprising
by Gajanan on Jan 31, 2011 02:41 PM
I think I also said that the 26/11 protests spontaneous and not affiliated to any politician or a political party. correct me if i m wrong.
and about rahul gandhi.. better not to speak about his or his family's antics..

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RajaMohan Varadharajan
MARKET CRASH
by RajaMohan Varadharajan on Jan 31, 2011 11:18 AM

With all round uncertainty, market will go down further.
Expect the Nifty to touch 4900 shortly.
Any takers.


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