to have my cake and eat it too...

This blog is about things that trouble me at this moment of time. Its all about my likings. After all it is my cake....

Tuesday, May 18, 2004

After the bloodshed....

The morning was perhaps the most gloomy morning for quite sometime in Mumbai. It was very cloudy and has been intermittently raining. Almost filmy, after the bloodshed of yesterday, there was rains today. Like had mentioned earlier in my blog, stock markets have a very paranoid and unpredictable mind. For no particular reason there was a meltdown yesterday. Of course the commies did not help. Must admit, the CPI(M) have a great website, in terms and information and propaganda. On the other, hand BJP site is slick but not good on content ( I guess the sites are a mirror of the party!). I was expecting the markets to fall, though not as dramatic as yesterday, today too. The reason was plain, nothing has changed overnight for FII's and hedge funds to hold now. But no!!! Again wrong. The market rebounded today......
The lesson is simple for a small investor....DO NOT INVEST ON EVENTS, ONLY ON STOCKS. Always invest long term.

If one thought stock markets and weather in Mumbai have gone crazy.... just look at our politicians. The BJP has again started their "foreign origin" issue. I guess they are being just sore losers! A wonderful article in Times of India about the foreign origin issue.The CPM,DMK and SP will not join the government but support from outside.... that basically means they want the credit but not the responsibilities of governance.
But the cake goes to Ram Vilas Paswan . He was minister in the UF govt., then the NDA govt. and now in the Congress govt. Is there any side he has not been there?

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