Friday, December 16, 2005

Sharing the ~ SHARE KARMA ~

Everybody seeks happiness! Not me, though! That's the difference between me and the rest of the world. Happiness isn't good enough for me! I demand euphoria! ~  Calvin

Wow ! Is life a roller-coaster ride! Life’s been pretty much on the rocks for the past month or two. With substantial investments in the market and all of them loosing money, I was almost scheduling the filing of my Chapter11. The past couple of days the market has revived but not my shares; and just when it seemed that the wheel might actually come a full circle, it stopped the turn and went back spiraling down.

Today however was a different ball game. After witnessing volatile trading, the markets gathered momentum and rallied further as the Sensex surged over 100 points. The bounce back was led by heavy buying support from operators on the back of sustained and increased FII inflows. The BSE 30-share index settled at an all time high of 9284, up 114 points while the Nifty closed at 2813, marking a gain of 45 points.

I am hoping against hope that the upswing will continue so that I can actually undertake redemption of my curiosity fuelled investments.

As far as I'm concerned, if something is so complicated that you can't explain it in 10 seconds, then it's probably not worth knowing anyway. ~ Calvin

Why I got into the market in the first place is a separate story altogether. I have always (atleaset for quite a few years) have dreamt of becoming an Investment Banker (I Banker). Always felt ashamed of even admitting the same to myself even as I did not know even an ‘I’ of Investment. So with my meager paying job, I decided to skip some frills of life in order to make the ends meet with some spare moolah to pump into the market. Now the terms ‘moolah’ and ‘pump’  are crash gross overstatement/criminal exaggeration. Anyways, that was me saving my pennies every here and there and saving it diligently to make my foray into the market. Amusing as it seems now in retrospective analysis, those were the days I had just finished ‘Kane and Abel’ and the hangover of prodigy of William Kane was still to pass.

The above quoted saying of Calvin can summarize the total  erudition from the Securities market.
The ‘Guru Mantras’ so to say
  1. Investment is ALWAYS for the long term

  2. NEVER try to predict the market.

These are the two basic lessons that every ‘wannabe’ investor comes across while doing his homework and he chooses to ignore much to his peril. Finally after a hell’uva cuts, bruises and tears realizes the truth in the prophecy.

I too have got my cuts, and its high time to ‘Band-Aid’ them !

So long Speculative Trading

Yeah, come in Analytical Investment !


The Market Today : At a glance

Thursday, December 15, 2005

Heart vs Head

Heart vs. Head

“But Calvin is no kind and loving god! He's one of the old gods! He demands sacrifice!”

Many a times I. feel I talk more from my heart than from my head . Today got into an argument with a person at a traffic crossing. It was right in front of Madhapur petrol pump and the full traffic was waiting for Chief Minister to pass by. The frenzied traffic cops were uttering some gibberish in Telugu and as expected most people(including myself) were not getting a clue as to what he was trying to say. After a while I got irritated and asked him why he was not talking in Hindi, to which an irate passenger dressed in all black, with naked foot and carrying the ‘pious’ mala replied as to what business was it mine which language the traffic cop uses. I replied by saying that just in case he is not aware, Hindi and Telugu is the official language of India. Must admit that I might have invited serious trouble for myself, knowing the volatile and capricious nature of the cop constables on the prowl.

I get this recurring feeling that more than anything else; it is this obstinacy to not learn anything common to the rest of the country, that keeps southern India still disconnected from mainstream India and hence the aptness of the term, “South Indian”.

Moving to something most ’Junta’ can connect to: Cricket. The way Ganguly has been left out of the team in spite of doing a ‘at-par’ performance speaks volumes about the reigning captain, Rahul Dravid. According to me, Sharad Pawar is the worst thing that has ever happened to Indian Cricket. Its like getting La’loo Prasad Yadav to head NASA. Tragic at best! People should start expecting Maharashtria-kars and mumbaikars to make it to . : clowns like Ajit Agarkar). The icing to the cake is that there are are characters like Raqj Singh Dungarpur and Bhishen Singh bedi who played mediocre, subsistence level cricket in their Hay-days deciding the fate and future of the most successful captain this country has ever had. The gluttony never Ends!