But the article is ALL POSITIVE!!!
I'm tired of the lying agenda-pushing, how about you?
"India's economic growth fuels advance of day traders" by Henry Chu, Los Angeles Times | July 6, 2008
PUNE, India - They are avid day traders, small-time speculators who follow the tiniest fluctuations in Indian stock prices like hawks tracking mice, swooping in and out at opportune moments for quick trades that feed their wallets a few rupees at a time.
For decades in this land of 1.1 billion people, playing the Indian stock market, the Sensex, was the preserve of ultrarich people and institutional investors, who had the wherewithal to hire brokers and gobble up shares in bulk.
But those barriers are breaking down as India continues to post one of the highest rates of economic growth in the world. Boosted by breathless media coverage of the stock exchange's every wiggle, interest in the market is rising among ordinary Indians. Technology, in the form of online trading, has enabled many of them to experience the joy of Sensex - and its pain - for the first time.
India remains a desperately poor place for hundreds of millions of people more concerned with keeping body and soul together than with adding terms such as "closing price" and "selling short" to their vocabulary.
Gradually, however, Tharkude got the hang of it, took in three times what he lost, and bought himself a new TV, which he keeps tuned to CNBC financial channel. The rest of the profits have been plowed back into his family's general store here in Pune, a booming city in the west of India that is fashioning itself into an information technology hub.
Tharkude gathers with other day traders in the spartan office of Vijay Kumar Stock Market Classes, a company that teaches novices, for a fee, how to play the market. The company's brochure depicts a cartoon figure being showered with money, against a shaded montage of rupee notes in various denominations, all bearing the smiling visage of Mohandas Gandhi.
BLASPHEMY!!!!!!!
See: MAHATMA GANDHI LAID TO REST ~~ LET US LIVE HIS DREAM
No one points out the irony of using the face of a champion of simple, agrarian living to tout a business that promotes easy money through trading shares of multibillion-dollar conglomerates.
I think I just did!
--MORE--"
