Wednesday, May 24, 2006

St. Kitt's ODI

Kaif's batting in the 3rd ODI between India and West Indies was a pain to watch. I don't why he is being still persisted with when he can't perform with his batting. It is aweful to say the least!!. He continues to exist in the Team only due to his fielding...
Far better batsmen are waiting in the sidelines!!!. Hope the team management realises its folly before the World Cup. I got so frustrated with our batting that once Dhoni got out, I switched off the Television and went to sleep!!!. Thank god, I did not have to suffer watching India going down to a very poor West Indian Side.

2 Days after Black Monday

What a monday it was !!!!!. I wasn't aware that the markets had cracked and 10% circuit filter got executed. It was around 1230, I came to know about it. I think margin calls and liquidation of positions in the global metal indices caused this mayhem. It was nice to hear Udayan's voice, who had been away on vacation!!!!!
There is nervousness all over the place. I think, it would take a month or two before everything settles down!!!

Sunday, May 21, 2006

Mayhem at the Bourses

The Indian Stock Markets have tanked this week. The volatility of the market has really stunned everybody!!!. Movement of more than 800 points in a day is mindblowing...... I think some of the stocks have been hammered out of shape. I think this is the right time for long time investors. My picks would be Tata Tea, which has tanked from near 850 levels to 650 levels (LTP 702), Seimens, which is looking very attractive at 5000 levels. I anticipate the markets to be volatile until Thursday's settlement. Quite a few shorts have been built up!!!!!!. Let's hope they get trapped this week.....

My first blog

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