Wednesday, May 24, 2006

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!!!

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