Why Tamils are always in the loosing end??

I came across youtube and found this video really disturbing my conscience eventhough this video is nowhere relevant today.....

http://www.youtube.com/watch?v=xwoSSr0zjZs&feature=related


Please view the above video ....

If anyone believes in impartial justice , then they should justify this!!!!

Tamils betrayed in periyar dam issue by malayalees...

Tamils betrayed in kaveri issue by kannadigas...

Even telugus too unrest with us in water related dispute...

Tamils are deprived in north India.....

Now Tamils are even betrayed by own mafia karunanidhi gang.....

Trading resources of mine !!

 There is nothing wrong in revealing the sources of wisdom because i don't wanna earn a name that i done it on my own because nobody in this world had league of their own. The great Einstein himself confess that he was heavily influenced by the greats such as Kepler, Newton etc... So i am no larger than Einstein.....

The following are the websites which i used to use for most of my trading purpose though there are still to uncover the non-mainstream sources  .

For sectors :

http://www.ndtvprofit.com/bb/default...ss=Automobiles

http://sify.com/finance/equity/marke...torcompany.php

http://alpha.myiris.com/shares/secto...DetailShow.php

http://www.technical-analysis.com/learnTA.html

http://www.bizwiz.ca/ratio_calculation_formulas/financial_ratios_formulas_and_explanations.html

http://www.myiris.com/

http://www.gummy-stuff.org/

http://www.instantbull.com/

Fundamental:

(1) moneycontrol.com

(2) myiris.com

Technical:

(1) buzzingstocks.com

Mutual Fund:

(1)valueresearchonline.com

Other Miscellaneous websites but useful some where are the other:

http://www.vccircle.com/

www.corpfiling.co.in

 vtext.com

http://www.similarsites.com/

indsec.com

For PE data

nseindia.com/content/indices/ind_pepbyield.htm

bseindia.com/histdata/hindices.asp

There may be various aspects of finance yet to be covered, the present post mainly for trading purposes..

                                                                                                    __ Ajith Bsc MBA

Midas formula won't exist.. you know why?

I found this article very interesting in BBC's website. People may wonder why i choose this from that website, there underneath an intriguing information.  ie.. Our S&P CNX NIFTY was based on Black-Scholes model only. I hope this article enlighten our profound quest for KNOWLEDGE. 

This is the extraordinary story of a beautiful mathematical formula that changed the world, the financial markets, and indeed capitalism itself. It could do the unthinkable - it took the risk out of playing the money-markets. To its inventors it brought the Nobel Prize for economics. To those who used it, it brought great wealth. But this glittering tale would end in tragedy.
The Black Scholes formula was invented 36 years ago, by three young mathematicians. They had been trying to solve a problem that had plagued economists for centuries - how to counter the randomness of market forces and the irrationality of human behaviour that made the markets dangerously turbulent. Whilst pondering this dilemma, they made a remarkable discovery.

The search for a way to price option contracts began in earnest when the thesis of an unknown student named Louis Bachelier   was unearthed in the 1950s. Working at the beginning of this century, Bachelier had set out to do something no-one had ever done before - using a series of equations he created the first complete mathematical model of the markets. He had realised that stock prices moved at random and that it was impossible to make exact predictions about them, but Bachelier said he had also found a solution - through the pricing of a financial contract called an option.
The risk in the stock market is that if you buy a stock today the price can drop in the future and you could lose money but if you pay for an option contract this gives you the right to wait and buy the stock if it reaches some agreed price in the future, but there's no obligation. If the stock fails to reach that price you can opt out and you would lose only the cost of the option. In theory options are a perfect way to get rid of risk, but there was a problem. How much would someone pay for such absolute peace of mind?

 
 Bachelier believed that if someone could discover a formula that would allow option contracts to be widely used, they would be able to tame the markets completely, but he died before he could find it. By the end of the 60s, academics were no nearer to pricing options than they'd ever been. But all this was about to change when Myron Scholes and his colleague Fischer Black set out to tackle the problem of options…
At its simplest level, the Black Scholes formula could be used to hedge against losing any bet, by working out how to place another bet in the opposite direction. That way, you couldn't lose. The formula had the almost magical ability to allow you to make a fortune with the minimum of risk. But there was one problem. In the time it took to make the calculation, the fast moving markets had moved on and the calculation would effectively be out-of-date.

However, unbeknown to them, the problem had already been solved by a financial genius called Bob Merton. Using an idea taken from rocket science, the value of an option could now be constantly recalculated and the risk eliminated continually.    

Myron Scholes and Bob Merton joined forces with the greatest dealers on Wall Street, and started a legendary company - Long Term Capital Management (LTCM). Relying on mathematics, the company traded and borrowed on a scale never seen before. But the mathematical model was based on normal market behaviour and unforeseen events were about to send the markets wild. The calculations in LTCM's models became hopelessly out of kilter, and when the company collapsed in 1999, it nearly brought down the entire global economy.