Saturday, 1 November 2008

Festivities!

Well Its festive season alright!
Diwali just passed by like a loud honking vehicle overtakes you when you are cruising by. You realise the presence of the other vehicle, are a bit annoyed by the loud behaviour & are kinda irritated because you are left behind. But then you realise there is nothin much you can do.

This Diwali season was much like that!

There was/is a tremendous fear in every earning citizen of India (& almost every leading country of the world today).

Hyper rumours about the market crash, tragic stories repeated endlessly on electronic media, grave reviews & future predictions by economists, politicians, bureaucrats, businessmen, paanwaalas, fruit vendors, even maids n sweepers! Its like some kinda horror story unfolding.... An financial horror story!

& then comes Diwali. Everyone you meet n greet says he isn't happy this Diwali. This festive season doesn't have charm, this is no time to celebrate...

But why? I ask n wanna ask why, why why?

Because Lehman brother died?
Was he your brother? Was he our countries brother? Was he anyone you knows brother? Nah. He wasn't. Then whats the fuss about.

The sensex fell. It went down to 8000 or even below. So what. If you were gambling your money on the stock market then okay. My sympathy with you. But just take it as if you were gambling in a casino & you lost all that you earned there. Most of the people who have lost money & I hear huge amount of money(my sympathy again with them) were basically gambling there. Hasn't your mom taught you gambling is a bad vice? Then why the hell did you enter it! I don't think people who invested wisely have lost anything other than the virtual money. It was money that they earned on their portfolio & lost it there! It wasn't in their wallet or bank or vault. & I believe its still there. This deep dive the market has taken is a shortlived one. It will rise back to the surface very soon. My approximation is that the sensex should reach 15000 by this financial year end. (well i am no economist, i am not even remotely associated with the stock market. My approximation is just a gut feeling) & well its my blog & about my feelings so be it!

Well I think that everyone around has becoming cautious. In fact over cautious! They are now thinking twice before buying a 5 rupee cigarette, even though they are lighting it up with their 2000 rupee Zippo! Market down hai bhaiya sochna padta hai!

But I think this downfall, this depression, this recession has cleaned up a lot of mess. It has wiped of a lot of shallow, baseless competitors from every field. The easy money factor has changed. Everyone who was doing some petty business & ruining the market for the well established ones has been ruthlessly wiped off the scene in the past few days. Its now a totally FITTEST TO SURVIVE market!

I always think that whatever the masses think & behave one would go exactly opposite to it! I mean when everyone was going behind the stock market & jumping in blindly, I thought it was incorrect. Go at any coffee shop, restaurant, panshop, even temples & seminars you would witness an exchange of TIPS! The best share to buy, the best IPO coming, the best script! Wow suddenly every Tom Dick n Harry become a finance expert!
Well now the experts are feeling the warmth, due to their damp pants.
& I can write this blog like a fearless warrior cause I never went on the the wrong war field!

Hahahahaha....... Let me laugh away to glory.........
You take care! Catch u soon!

1 comment:

Anonymous said...

That was a nasty one.... but i completely agree with most of it.. its like reading your own thought..
There are very few people who live along their own thoughts rest just follow..i am glad that you live your own way... the blog is a little ( A LOT) Sarcastic but i think that"s the best part of it..

Keep blogging..