Sunday, October 19, 2008

Stock Market !!!!!!!!!!!!!!!!!!!!!!

Old one, but better to re-call!


Once upon a time in a village, a man appeared and
announced to the villagers that he would buy monkeys for Rs10. The
villagers seeing that there were many monkeys around, went out to the
forest and started catching them.  

The man bought thousands at Rs10 and as supply started
to diminish, the villagers stopped their effort. He further announced
that he would now buy at Rs20. This renewed the efforts of the villagers
and they started catching monkeys again.  

Soon the supply diminished even further and people
started going back to their farms. The offer rate increased to Rs25 and
the supply of monkeys became so little that it was an effort to even see
a monkey, let alone catch it!  

The man now announced that he would buy monkeys at Rs50!
However, since he had to go to the city on some business, his assistant
would now buy on his behalf.

In the absence of the man, the assistant told the
villagers. Look at all these monkeys in the big cage that the man has
collected. I will sell them to you at Rs35 and when the man returns from
the city, you can sell it to him for Rs 50.'

The villagers squeezed up their savings and bought all
the monkeys.

Then they never saw the man nor his assistant, only
monkeys everywhere!! !

Welcome to the
'World of Stock Market!!!!!

No comments:

Worlds Updates

Add to Google