Economic Times Loves The Number 15000 Proof

Year after Year after Year

my beloved pink paper

The Economic Times

Proclaims of course quoting someone

" Sensex may drift to 15,000 "

Exhibit 1 Article dated 4Th October, 2011

Exhibit 2 Article dated 16Th May, 2012

Exhibit 3 Video dated 31st March, 2012

Exhibit 4 Video dated 31st August, 2011

Exhibit 5 My Google Search Result for " Sensex will be 15000 economic times "

Exhibit 6 BSE Sensex edges up; still in consolidation mode dated today July 4th 2012 when Sensex is 17462.81

Exhibit 7  Sensex on 31st December 2011 on bseindia

Whither Sensex VenuSpeak on My Views on Sensex . I'm truly bullish 18k is the bottom it is buying opportunity now.

Rider : These are personal views of K.Venugopal Menon .. Please consult your Financial Advisers before acquiring Stocks always .. Because market perception changes by the Minute ..

Example:- If UPAII falls market will crash .. If , if petroleum gas prices go up .. Market crashes .. So take your personal investment decision on your personal financial advisors advice .. Not my utterances ..

Portfolio mix for a 30 yr old married person .

1 PF double the amount stipulated by employer if employer deducts 10% and contributes another 10% you should contribute another 10%

2 PPF IN SBI / BOB Ra 15000 per year Till Sec 88 exists after which pension fund


3 INCOME * 10 LIFE INSURANCE COVER

3(a) + 5 LAKHS FLOATER MEDICLAIM (CASHLESS )


Left over cash savings


4 Bank deposits 20%

5 mutual fund 20% of which

5(i) Sensex linked 25% Switch to debt frequently 60:40 to 40:60
5(ii) SIP 50% Switch to debt frequently 60:40 to 40:60
5(iii) sector funds 25% Highly risky
Switch to debt frequently 60:40 to 40:60

6 10% NSC till section 88 exists rollover maturities back after 6 years

7 10% BOND KHOKHA's debentures from market BOUGHT AT DISCOUNT FROM MARKET when bank interest rates go up/ or Sensex crashes Bond prices go up.. hence always buy bonds when Sensex is heated up or RBI reduces interest rates.

8 20% IN STOCKS

check link please how sometimes SENSEX BEHAVES IRRATIONALY IT FALLS ON NO REASON SOMETIMES

9 20% Cash liquid in Casa Account

Want to be a Warren Buffett .. Build your perfect portfolio .. Say Economic Times .. &
my buddy Shifali Ummatt a MF dealer of good repute shares it on Fb ..

What Economic Times failed to mention ..

'' Never believe a word written in Economic Times .. '' #VenuSpeak

Why I say Sensex would rise ..

A) Consumer demand has not fallen for core areas like Steel , Cement , Iron Ore , Copper

B) Infrastructure jobs are on the Anvil in huge numbers ..
So engineering graduates to take civil & chemical engineering not ECE or IT or Computers .. Electronics is fine. Days of softwares are numbered.

C) Inspite of high interest rates Credit offtake is facing heavy pressure .. Being a banker I can say Bank Credit will see 20% rise in March 2012 balance sheet .

D) Jobs are on the rise so are pay packets .

E) Except for Cars & Motor Cycles or +40 lakhs houses .. Demand is constant

F) We are 1.3 billion people .. Check how much Atta you use for you family chappati's . Divide by number of family members .. Multiply by 3*30*12*1.3bn / 2 /2 as 50% rice eaters .. This is just for Atta .. Clothing shelter follow .. India China can never fail in future I stand by India #1 Economic power circa 2015

G) Sector .. Banking , Infrastructure , IT Hardware , Food , Agriculture based .. Fertilizers , Pesticides , Tractors . HCL , SBI , PNB , CORPORATION BANK , OBC , HDFC BANK , YES BANK , TATA STEEL , SAIL , REC , PFC , NTPC , HCL TECHNOLOGY , ROLTA INDIA , PATNI COMPUTERS , CMC , NIIT .

H) Sector to ignore Software ( $ is a highly overrated currency ) Housing finance related banks , Banks high on vehicle loans , Automobile ( except Maruti Suzuki/ Hero Honda / Bajaj Scooters ) Retail , Telecom , Firm investing abroad . Say Tata acquiring Land Rover @ $ = Ra 48 .. Sells $= Ra 40 they pay 48 get 40 20% loss in exchange risk .. So investing abroad with a falling $ is foolish ..

I) Imagine this If Berkshire Hathaway ( Warren Buffet's Firm) had invested Into India $ 1 , in October 2008 when $ 1 was Ra 48.48 and sold it today with $ at 44.78 it would have gained 7.46% just on the currency appreciation .. Ra appreciating by the day .. think what would he gain in 2015, when I perceive $ to be 35 per $ 27.80% .

Here are links for worst crashes and reasons &

PE Ratio from 1990 to 2008

&

Basic indicators of the sensex as at month end May 2011 look @ the PE OF 19.59 OF BSE 30 AND 19.88 OF BSE 100 now only a fool would desist from entering a market with PE ratio of 19

Sensex & Market Capitalisation today check wwith my tips

SENSEX from 24th October, 2008 the crash to 1st June 2011 excell sheet for download

Thanks for your share Shifali .. .. This goes on my blog ..
You made me wrack my Bankers Brain @Shifali Ummatt ..
Using your name and not nickname as this thread goes verbatim on my Blog

Dear Blogger it took 40 attempts and 2 tweets for me to post this blog.


I am warned that I post spam .. this reflects badly on your network security & also affects my freedom of expression

Hope you like my effort feel free to comment.. once again these are my views, and you may differ from me which is acceptable to me

Jai Hind

Good Night

@kvenugopalmenon on twitter

My 12 Oaths how to cope with ET That is Economic Times not Extra Terrestrials

TREAT THIS AS HUMOR AND MATURELY NO PERSONAL ATTACKS HERE

Kolkata , Wednesday 11th May 2011

********* A NOTE OF GRATITUDE & MY HUMBLE CHARANSPARSH TO Mr Rakesh Jhunjhuwala @jhunjhunwala on Twitter and Fake Jhunjhunwala on HT Blog who is an inspiration to while I write Humor. So this is my Tribute to the Humble and Very Humorous individual. *******


It all started yesterday morning, after reading two news articles, on the front page of, The ET, now Economic Times. It is a very respected paper, and a necessity for us bankers, to read ET cover to cover. I have been doing that ever since I was 12 years old. I respect the paper, but have my own way of reading it, analyzing and using information selectively . If YOU READ ET without using brain at times it can me misleading, in our day to day decision making. I understand, the main revenue to run a newspaper comes from advertisements, Hence I don't detest or Hate ET.

So here are the 12 tweets all written instantly and ex-tempore, within one hour,

NOTE:** TIME STAMPS GIVEN AS A PROOF TO SHOW INSTANT ACTIVITY.

Bwahaha Bwahaha whole day I'd laugh .. Bwahaha

Oath 1 Thou Shalt read Economic Times, 1st thing in the morning to remain happy & laughing .
8:09 AM May 10th via Mobile Web

Oath 2 Thou Shalt keep Economic Times, Handy whenever you're in lousy mood .. Pick it up .. Read any headline & go back to where u were .
8:11 AM May 10th via Mobile Web

Oath 3 Though shalt treat Economic Times, equivalent to Comedy Central , David Letterman .. Jay Leno , Siddhu , Shekhar Suman .
8:13 AM May 10th via Mobile Web

Oath 4 Thou Shalt ask your sister, to take pictures of Bhavans College , Kelvani Mandal , SIES & Rizvi & see it whenever ET prints St Xavier's .
about 24 hours ago via Mobile Web

Oath 5 Though shalt keep pictures, of A priest, moulvi, jain muni & Sikh Granthi whenever Bori Bunder prints Padre Rabbi & Parsi well .
about 24 hours ago via Mobile Web

Oath 6 Thou Shalt Get your friends on Twitter, & #Fb to send you pictures of creative s @ Dhabholkar, Swami ,Mudra see it when ET prints O&M .
about 24 hours ago via Mobile Web


Oath 7 Though shalt Book-Mark, Business Standard, FT & Mint, n change flavour after reading ET .
about 24 hours ago via Mobile Web

Oath 8 Thou shalt always treat ET, as an Ad-Mag & not a newspaper .. Read Ads as news & vice versa .
about 24 hours ago via Mobile Web

Oath 9 Though Shalt Keep articles, on Jamnalal Bajaj , G D Birla , Anandilal Poddar , Dhirubhai Ambani , read them when ET Prints J J Tata .
about 24 hours ago via Mobile Web

Oath 10 On 1st Of every month buy Rasna, Ghadi , Dabur Lal Manjan, Mohun's Cornflakes, Frooty , & only buy Maruti Android Chinese HCL BSNL .
about 24 hours ago via Mobile Web

Oath 11 Though Shall read Rangnekar, Bharatan , R D Singh Follow Mittal Devi Shetty & buy Manforce.. Never Gates , Buffet, Clinton or buy Viagra .
about 24 hours ago via Mobile Web

Oath 12th Man Thou shalt copy paste 11 oaths & make into a Blog & print it & put it up bang opposite your bed Read it before ET :=) .
about 23 hours ago via Mobile Web

OK guys I'm done .. You can diss me troll me curse me fight argue For details read the Morning ET Nano & Apple ET ADS all over again Bwahaha
about 23 hours ago via Mobile Web

I K.Venugopal Menon S/o Late Shri K Balakrishna Menon, by touching, Gita, Sita & Mita solemnly confirm , that I have this 11th day of May , 2011 at Kolkata, complied by all the Oath No's 1 thru 12.

Especially 12 the piece is now Signed Sealed Delivered % framed & Hung , bang opposite my Bed.

VenuG

Keep Smiiiiiiiiiiiiiiiiiiling
Good Morning