My Dear Analyst,

drpsiva · #1 3rd July 2008, 12:57 AM

hi all,
just i read this on net.i posted this just to share a bulls view on analysts.

My Dear Analyst,

I have been a great follower of yours. Each day I used to rise with what you were speaking from Tokyo and went to bed with what you were preaching from New York. I bought when you told me to and sold when you scared me to. During the NASDAQ run I made a few multibaggers but then lost all of it. You would remember how you scolded me for not having applied stop losses.

That was after the stocks went below those levels. But I continued to believe in you and your community. I made money in banking, sugar and construction, lost a few here and there. On the whole I did not do better than what I could have managed myself but still I enjoyed each moment of it .

In June I lost quite a fortune on your Sterlite and Hindustan Zinc call. That was because the LME prices fell and I was taken off guard. As usual you rebuked me for not having put in stop losses.

During the current carnage when the index fell to 16000 one particular member from your community stormed the TV channels from Hong Kong and preached gloom, boom and doom. The local ones told me to stay away till the dust gets settled. Again I obliged and cut all my long positions converting them for cash. I booked profits in all the counters that I had got in early .

This was because you advised me to take the profits home. For the losers you advised that there is no point selling at these levels and as it always happens I listened.

Investors wishing to save themselves from the bloom gloom and doom were advised me to go on a long holiday. I could not go on that holiday since it would have cost money. Another member from your community asked me to keep 30% in cash, a few told me to wait for the US interest rate cues while the others were preparing for a US led global recession and urged gulliable investors like me to buy gold and silver. Theysaid that these would be the saviors.

At an index level of 15500 the largest fund house from the land of the rising sun talked about an index level of 10000 above which they would not invest. Does any one know what they did after making that statement?

When ever I asked you something you were uncomfortable in responding .You called it momentum and I thought that these stocks were for the greedy. But after having suffered because of my shortcomings (in not being able to understand you correctly)

I have a few questions:

1) Doctors, engineers, accountants do pass some examinations before being called experts. They undergo rigorous training and then only they are allowed to advise. Do you along with members of your community undergo the same test before advising millions of fools like me on TV?

2) Do you ever look back and see how many of your recommendations went right and how many went wrong. If so how so if not why not?

3) Do you ever feel guilty either morally or ethically when investors lose money on your recommendations?

4) You have a habit of using vague words like:

*
Buy on declines
*
Should give you 20% return. Whether the stock is at Rs 700 or Rs 850 you talk of the same 20% returns.
*
Cautious optimism.
*
Apply strict stop losses - Please name me one person who has made money by applying strict stop losses except the person who sells subscription for such advice.
*
Momentum investing - If buying on a break out and selling on stop losses is not momentum investing then what is? Yet you prefer to talk of stocks that you do not understand as momentum investing.

5) Most of the time your analysis is historic. You say this stock has made a 52 week high at so and so and then retraced itself to so and so and now is trading at so and so. You know the introduction that takes 70% of you analysis does not help me. I can see it in the pink papers and that costs Rs 2.00 only.

6) I am tired of hearing words like supports, resistances, 200 day moving averages, Fibonacci, retracements, RSI's etc .

7) Each day you looked at the NASDAQ and the Nikkei and told us where we would go . Over the last 5 years the NASDAQ has gone no where but we have gone up by more then 4 times. Do you remember the critical days when you went wrong?

8) When stocks fell you blamed sentiment when they went up you said liquidity . Why can't you tell us before hand as to what will happen? Otherwise there is no difference between you and me.

Yours Truly,
"The small investor" - A bruised,battered and mauled Bull.

C & P from internet

the tape · #2 4th July 2008, 03:03 PM

Quote:

Originally Posted by drpsiva

hi all,
just i read this on net.i posted this just to share a bulls view on analysts.

My Dear Analyst,

I have been a great follower of yours. Each day I used to rise with what you were speaking from Tokyo and went to bed with what you were preaching from New York. I bought when you told me to and sold when you scared me to. During the NASDAQ run I made a few multibaggers but then lost all of it. You would remember how you scolded me for not having applied stop losses.

That was after the stocks went below those levels. But I continued to believe in you and your community. I made money in banking, sugar and construction, lost a few here and there. On the whole I did not do better than what I could have managed myself but still I enjoyed each moment of it .

In June I lost quite a fortune on your Sterlite and Hindustan Zinc call. That was because the LME prices fell and I was taken off guard. As usual you rebuked me for not having put in stop losses.

During the current carnage when the index fell to 16000 one particular member from your community stormed the TV channels from Hong Kong and preached gloom, boom and doom. The local ones told me to stay away till the dust gets settled. Again I obliged and cut all my long positions converting them for cash. I booked profits in all the counters that I had got in early .

This was because you advised me to take the profits home. For the losers you advised that there is no point selling at these levels and as it always happens I listened.

Investors wishing to save themselves from the bloom gloom and doom were advised me to go on a long holiday. I could not go on that holiday since it would have cost money. Another member from your community asked me to keep 30% in cash, a few told me to wait for the US interest rate cues while the others were preparing for a US led global recession and urged gulliable investors like me to buy gold and silver. Theysaid that these would be the saviors.

At an index level of 15500 the largest fund house from the land of the rising sun talked about an index level of 10000 above which they would not invest. Does any one know what they did after making that statement?

When ever I asked you something you were uncomfortable in responding .You called it momentum and I thought that these stocks were for the greedy. But after having suffered because of my shortcomings (in not being able to understand you correctly)

I have a few questions:

1) Doctors, engineers, accountants do pass some examinations before being called experts. They undergo rigorous training and then only they are allowed to advise. Do you along with members of your community undergo the same test before advising millions of fools like me on TV?

2) Do you ever look back and see how many of your recommendations went right and how many went wrong. If so how so if not why not?

3) Do you ever feel guilty either morally or ethically when investors lose money on your recommendations?

4) You have a habit of using vague words like:

*
Buy on declines
*
Should give you 20% return. Whether the stock is at Rs 700 or Rs 850 you talk of the same 20% returns.
*
Cautious optimism.
*
Apply strict stop losses - Please name me one person who has made money by applying strict stop losses except the person who sells subscription for such advice.
*
Momentum investing - If buying on a break out and selling on stop losses is not momentum investing then what is? Yet you prefer to talk of stocks that you do not understand as momentum investing.

5) Most of the time your analysis is historic. You say this stock has made a 52 week high at so and so and then retraced itself to so and so and now is trading at so and so. You know the introduction that takes 70% of you analysis does not help me. I can see it in the pink papers and that costs Rs 2.00 only.

6) I am tired of hearing words like supports, resistances, 200 day moving averages, Fibonacci, retracements, RSI's etc .

7) Each day you looked at the NASDAQ and the Nikkei and told us where we would go . Over the last 5 years the NASDAQ has gone no where but we have gone up by more then 4 times. Do you remember the critical days when you went wrong?

8) When stocks fell you blamed sentiment when they went up you said liquidity . Why can't you tell us before hand as to what will happen? Otherwise there is no difference between you and me.

Yours Truly,
"The small investor" - A bruised,battered and mauled Bull.

C & P from internet

Very nice. thats what i m talking about

there is nothing like an analyst in these markets. there are only winners and losers. they can only forecast weather, cause they don't have the balls to trade themselves

uasish · #3 4th July 2008, 03:29 PM

Quote:

Originally Posted by drpsiva

hi all,
just i read this on net.i posted this just to share a bulls view on analysts.

My Dear Analyst,

I have been a great follower of yours. Each day I used to rise with what you were speaking from Tokyo and went to bed with what you were preaching from New York. I bought when you told me to and sold when you scared me to. During the NASDAQ run I made a few multibaggers but then lost all of it. You would remember how you scolded me for not having applied stop losses.

That was after the stocks went below those levels. But I continued to believe in you and your community. I made money in banking, sugar and construction, lost a few here and there. On the whole I did not do better than what I could have managed myself but still I enjoyed each moment of it .

In June I lost quite a fortune on your Sterlite and Hindustan Zinc call. That was because the LME prices fell and I was taken off guard. As usual you rebuked me for not having put in stop losses.

During the current carnage when the index fell to 16000 one particular member from your community stormed the TV channels from Hong Kong and preached gloom, boom and doom. The local ones told me to stay away till the dust gets settled. Again I obliged and cut all my long positions converting them for cash. I booked profits in all the counters that I had got in early .

This was because you advised me to take the profits home. For the losers you advised that there is no point selling at these levels and as it always happens I listened.

Investors wishing to save themselves from the bloom gloom and doom were advised me to go on a long holiday. I could not go on that holiday since it would have cost money. Another member from your community asked me to keep 30% in cash, a few told me to wait for the US interest rate cues while the others were preparing for a US led global recession and urged gulliable investors like me to buy gold and silver. Theysaid that these would be the saviors.

At an index level of 15500 the largest fund house from the land of the rising sun talked about an index level of 10000 above which they would not invest. Does any one know what they did after making that statement?

When ever I asked you something you were uncomfortable in responding .You called it momentum and I thought that these stocks were for the greedy. But after having suffered because of my shortcomings (in not being able to understand you correctly)

I have a few questions:

1) Doctors, engineers, accountants do pass some examinations before being called experts. They undergo rigorous training and then only they are allowed to advise. Do you along with members of your community undergo the same test before advising millions of fools like me on TV?

2) Do you ever look back and see how many of your recommendations went right and how many went wrong. If so how so if not why not?

3) Do you ever feel guilty either morally or ethically when investors lose money on your recommendations?

4) You have a habit of using vague words like:

*
Buy on declines
*
Should give you 20% return. Whether the stock is at Rs 700 or Rs 850 you talk of the same 20% returns.
*
Cautious optimism.
*
Apply strict stop losses - Please name me one person who has made money by applying strict stop losses except the person who sells subscription for such advice.
*
Momentum investing - If buying on a break out and selling on stop losses is not momentum investing then what is? Yet you prefer to talk of stocks that you do not understand as momentum investing.

5) Most of the time your analysis is historic. You say this stock has made a 52 week high at so and so and then retraced itself to so and so and now is trading at so and so. You know the introduction that takes 70% of you analysis does not help me. I can see it in the pink papers and that costs Rs 2.00 only.

6) I am tired of hearing words like supports, resistances, 200 day moving averages, Fibonacci, retracements, RSI's etc .

7) Each day you looked at the NASDAQ and the Nikkei and told us where we would go . Over the last 5 years the NASDAQ has gone no where but we have gone up by more then 4 times. Do you remember the critical days when you went wrong?

8) When stocks fell you blamed sentiment when they went up you said liquidity . Why can't you tell us before hand as to what will happen? Otherwise there is no difference between you and me.

Yours Truly,
"The small investor" - A bruised,battered and mauled Bull.

C & P from internet

Bull's Agony Aunt.

big_bull · #4 5th July 2008, 09:26 AM

Excellent Post.. Mainly 1,2,3 are the points of attraction.

aenron · #5 6th July 2008, 08:48 PM

Yes, Good one.. but we need to understand that media like CNBC etc play with market sentiments and due to the same stupid thing which they repeat again and again people loose money.. cnbc etc media should be used for entertainment as they dont care if you earn or loose.. they just need trps.. and yes.. these channel editors, analyst they have not even done a single trade in their life and now they are called experts.. morons..

rbisystems · #6 6th July 2008, 11:39 PM

i know u had very bad experince by loosing your capital in very short time..............
i am really sorry,even i am also a small capital investor just like u,even i had lost 30% of my capital amount resently.....................
but in this game(share bussiness) we cant blame any of the present character like analysist,are your broker.....
In this game only person who know how to survive can fit to do he job the best. rest may be like you and me....sorry to say that

Finally Shall i tell what is share market:
Decive(cheat) the traders who know less knowledge by person who know more knowledge... in the market.
thas how trading happens
At last trust ur confidence,study market,get full knowledge abt the basic concepts then u will sure earn profits in multiples.....its my sugession

Adheer · #7 10th November 2008, 06:46 PM

What is the difference between an analyst and a successful trader ?

One makes predictions ... the other makes money.

gvgs98 · #8 18th November 2008, 03:15 AM

Thats a good one!
I want to be a trader, but my success factor is based on number of right decisions -

Cheers

Quote:

Originally Posted by Adheer

What is the difference between an analyst and a successful trader ?

One makes predictions ... the other makes money.

Cactus · #9 18th November 2008, 05:08 PM

Did u hear ........jack of all master of none........

Experts are experts because they know something that is beyond the reach of comman man,

but problem is they are neither hindu nor muslims.....

they know what is available on the name of technicals but don't understand the full aspect of a tool.ask here the chartists.......how many of us who eat, drink and sleep charts......know the construction of a tool...... and how many of us have tested these tools from diffrent angles......

Some time we friends use to say.........AADHA PANDIT JAYADA KHATARNAAK HOTA HAI........
(the person with small astro knowledge is more dangerus than the real astrologer)

gsalvadi · #10 Yesterday, 10:52 PM

Quote:

Originally Posted by drpsiva

hi all,
just i read this on net.i posted this just to share a bulls view on analysts.

My Dear Analyst,

I have been a great follower of yours. Each day I used to rise with what you were speaking from Tokyo and went to bed with what you were preaching from New York. I bought when you told me to and sold when you scared me to. During the NASDAQ run I made a few multibaggers but then lost all of it. You would remember how you scolded me for not having applied stop losses.

That was after the stocks went below those levels. But I continued to believe in you and your community. I made money in banking, sugar and construction, lost a few here and there. On the whole I did not do better than what I could have managed myself but still I enjoyed each moment of it .

In June I lost quite a fortune on your Sterlite and Hindustan Zinc call. That was because the LME prices fell and I was taken off guard. As usual you rebuked me for not having put in stop losses.

During the current carnage when the index fell to 16000 one particular member from your community stormed the TV channels from Hong Kong and preached gloom, boom and doom. The local ones told me to stay away till the dust gets settled. Again I obliged and cut all my long positions converting them for cash. I booked profits in all the counters that I had got in early .

This was because you advised me to take the profits home. For the losers you advised that there is no point selling at these levels and as it always happens I listened.

Investors wishing to save themselves from the bloom gloom and doom were advised me to go on a long holiday. I could not go on that holiday since it would have cost money. Another member from your community asked me to keep 30% in cash, a few told me to wait for the US interest rate cues while the others were preparing for a US led global recession and urged gulliable investors like me to buy gold and silver. Theysaid that these would be the saviors.

At an index level of 15500 the largest fund house from the land of the rising sun talked about an index level of 10000 above which they would not invest. Does any one know what they did after making that statement?

When ever I asked you something you were uncomfortable in responding .You called it momentum and I thought that these stocks were for the greedy. But after having suffered because of my shortcomings (in not being able to understand you correctly)

I have a few questions:

1) Doctors, engineers, accountants do pass some examinations before being called experts. They undergo rigorous training and then only they are allowed to advise. Do you along with members of your community undergo the same test before advising millions of fools like me on TV?

2) Do you ever look back and see how many of your recommendations went right and how many went wrong. If so how so if not why not?

3) Do you ever feel guilty either morally or ethically when investors lose money on your recommendations?

4) You have a habit of using vague words like:

*
Buy on declines
*
Should give you 20% return. Whether the stock is at Rs 700 or Rs 850 you talk of the same 20% returns.
*
Cautious optimism.
*
Apply strict stop losses - Please name me one person who has made money by applying strict stop losses except the person who sells subscription for such advice.
*
Momentum investing - If buying on a break out and selling on stop losses is not momentum investing then what is? Yet you prefer to talk of stocks that you do not understand as momentum investing.

5) Most of the time your analysis is historic. You say this stock has made a 52 week high at so and so and then retraced itself to so and so and now is trading at so and so. You know the introduction that takes 70% of you analysis does not help me. I can see it in the pink papers and that costs Rs 2.00 only.

6) I am tired of hearing words like supports, resistances, 200 day moving averages, Fibonacci, retracements, RSI's etc .

7) Each day you looked at the NASDAQ and the Nikkei and told us where we would go . Over the last 5 years the NASDAQ has gone no where but we have gone up by more then 4 times. Do you remember the critical days when you went wrong?

8) When stocks fell you blamed sentiment when they went up you said liquidity . Why can't you tell us before hand as to what will happen? Otherwise there is no difference between you and me.

Yours Truly,
"The small investor" - A bruised,battered and mauled Bull.

C & P from internet

I regret the emotional break-down.

Traders go hunting, win their bread (off course with jam too) Traders never allow spoon feeders to fill their stomach

The Following User Says Thank You to drpsiva For This Useful Post:
suba_stocks (10th November 2008)