08-04-08 chatscript.

Ramesh Damani: hello thanks for joining lets start

wise_man: wat u think now US going into a recession and soon UK also gona go into a ression india gdp slowdown china gdp slow down cuz of inflation problem? the global picture looks bad.

Ramesh Damani: us is postponing a major problem thanks to fed losening int rates

singaraju: I request all RSD students to flood SEBI with their opinions and thoughts regarding the new draft proposals. On SEBI site, I can found only a compliant section and various forms for that matter, but no feedback link. Someone may please provide the exact link?.

Ramesh Damani: thanks..but dont complain..explain your point of view

asmiti: Where are the markets heading in 2-3 years timeframe. If we buy good stocks can we expect 20% return in the next 2-3 years

Ramesh Damani: i would think so, yes

rskperfect: I bought 700 shares of relpow @354..short term target please my guru

Ramesh Damani: not particularly bullish on it

777.com: Sir what happened to Bosch Chassis Systems and jai Corporation . From last 2 week both are locked at 5% lower circuit.

Ramesh Damani: bosch opened offer failed..jai corpn falling from bull market highs

nehamathur: Sir, according to the news reports Rs 45 was offered to pnb gilts. But do you think in this market condition people will be interested to pay 60-70% preminum to market price?

Ramesh Damani: that is the book value so it could be doable

apj.ece: Sir i have RNRL 300@Rs.230.What can i do?Whether i can sell or Hold Advice me...

Ramesh Damani: i think we have seen the highs for rnrl at 230 for 08

satkr: Dear sir, Does it make sense to accumulate TCI at current price regardless of index levels?

Ramesh Damani: if u have a 3-5 year view yes...good value to accumalate

singaraju: Now, more clarity about SEBI laws?. I think it is more to do with restricting analysts, not behaving (buying and selling) in a manner in consistent with his own recommendations. Here, we have no problem I hope, sir.

Ramesh Damani: look i am a broker. we trade shares..certainly not interested in lock ins periods.,.etc etc

VRaghavendra: Ramesh, how do you see the impact of inflation

Ramesh Damani: us slow down may be postponed..dow could rally dut to easy liquidity

Ramesh Damani: cant say but 10-12 is all the market is giving them now

wavestudent: Sir, have heard that since GE is having difficulty going through with 250 cr. Rights necessary for meeting RBI norms

Ramesh Damani: no not heart that but it does make sense

JOEGRANVILLE: ramesh,dow is showinng quite a strenght inspite of bad news like bad employement data???is this sign of bottoming out atleast for US markets???thanks

Ramesh Damani: yes sit is showing strength...amazing strength

rskperfect: Any particular stock for good level to buy for shortterm gain my guru?please..

Ramesh Damani: fmcg sector will do well..hoec has done well..no new ideas