Wednesday, May 27, 2009

Life In Dolldrums ...Markets into arbit roaming

After losing ground for a long time the bear did gave some chance to the bulls to return to the dias but bulls hibernation for quiet some time had probably increased the inertia within and they came out very strongly after the lady won ....... but unfortunately as Newton rightly said every action has equal and opposite reaction the bulls were taken back may be it was the after effect of inertia....... going back almost couple of months ago probably I witnessed the same thing my long halt of almost 2 1/2 decades probably had resulted in over ejection of the so called foolish airs from within and had also probably resulted into the other party taking me for granted but as rightly said by taleb in fooled by randomness that every thing comes to stability after some volatility it is only the nerve levels which are checked ...... if your stock is fundamentally strong it gives good returns in long run else as the technical beauties sheds away after sometime the stock succumbs to the red.

Thursday, May 21, 2009

When Air Touch The Flesh.... Was I Early or Did I Miss The Race

Now after a nice pleasant experience of the sands when I look back I feel as if like all other investment goons as if I have missed the race .......nevertheless I don't want to polish my thoughts on others and like the so called smart foreign investors I have started just listening to the fundamental and technical strengths of the particular scrip but has not yet either objected or recommended it............. I somehow don't want to be wrong at this early stage of my portfolio although I have decided to keep only one scrip in it until and unless I am proved wrong in doing so.
When I started tracking my scrip I started enjoying the performance initially but then like all other investments the bears started creeping in and I am very scared when at least I being a single scrip investor my worries are expected to be too high at this juncture ……. I have thought of churning my portfolio several times but then the stakeholders didn't allow it in fact I was not sure if I really wanted to churn it out.

It was almost a month and like the old days I was going to get paper transfer of my scrip’s in my demat account and in the meantime probably thinking of selling it off without taking the delivery …… but finally I ended up taking the delivery.
The stock performed so -so for the next few days although was not able to perform vis a vis my expectations ……. but then it is a long term investment and I probably need to keep a bit of patience.

Suddenly the lack of trust factor creeps in and hunts at midnight and often later than that too I don’t know if my stock will meet other stakeholders expectations and this worry is probably unfounded but its worry of the investor or the person who takes risk and I think here I am the risk taker.

Will write more about this scrip in my nest blog…..

Tuesday, May 19, 2009

Bulls are back Life in a Blink ...................................

The grey colour of my brain is swirling quiet for sometime now ....don't know how to express but looks like the blink thing is also quiet certain if put through normal and poisson distributions ...last time alone the euphoria was that the bulls have taken chilled beer for quiet sometime and will not be back till the spirit in it evaporates but the "sexy lady" factor worked again even if she is quiet old but still can woo herd of so called teens ( masculines ) probably one such incident happened with me in recent past when I was going through the rough terrains of the desert and suddenly the cactus thorn passed a sense of lightning through the nostrils and didn't have much choice but to my surprise the sand was quiet wet there, I never expected the sand to be wet in this terrain of the countryside but sometimes like the "Fundamental and Technical Analyst " you just discounted the market too much I too discounted the market too much but I am still happy even after being wrong at this juncture the wet feeling of the sand says I got something like the way u make money when you go for sort positions at inflexion points in a bull market or to be precise when you go long position in a mature bear run.
I don't how much the wet land comfort will come in reality but for the time being like all other fundamental and technical experts feeling happy inspite of giving wrong recommendations I at least got something and this selfishness is inborne ....hopefully this selfishness comes out to be true.
Like all other wall street stupids enjoying the early gains but surely expecting it as a fundamental investment and fortunately or unfortunately by habbit once again have betted all my balls on one basket ........but hopeful of positive results from high beta stock ..... hope the lady luck works and my lady gives me the comfort I got couple of months back through out the summers.