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Monday, May 22, 2006

There she goes....

Seems that Papa Bear has brought along with him all of his family members to visit us.. The Indian Stock markets are witnessing an amazing fall over the last 3 days of trading. Experts attribute a myriad of reasons for the plunge. Rising Interest rates across the globe, the US Consumer Price Index, the weakness in FTSE due to metal stocks leading to losses in India, Brazil and Mexico are some of the causes being stated. But for all the small retail investors whose love affair with the markets has gone rough of late, the only real matter of concern is 'Will all my f***ing money ever come back? Or Will she desert me like the vamp who comes in the movie I saw this weekend?'

Last Thursday when the stock markets crashed by over 800 points, the sharpest fall in history, Finance Minister termed it as a 'manufactured crisis'. Calling it uninformed reporting, which led to the market crash, he said: "There is a lesson for everybody. Uninformed reporting and reaction to uninformed reporting is not a desirable thing." If the stock market slumped because of the "uninformed reports", put out by a news agency, the logical thing would be for it to bounce back with a vengeance this week onwards. Instead, it haS slumped even more today. Smell something fishy here??

I found a few of the folks here heading to Antartica. They seemed to have taken the statement 'Markets heading south' too seriously. And they also seemed to know that polar 'bears' are not found in the Antartic :-)

8 comments:

Ashwin said...

Up she went
To bring the smiles
Down she goes
Everybody mourns...
ha ha ha...

Avann said...

F = G Ma Mb / r2

Above formula was mentioned by the great Sir Isaac Newton and also seconded by Vijay, the famous tamil actor and self proclaimed future super star...

What it means in Newton's scientific parlance, is that "Every Particle attractsevery other particle with a force that is proportional to the product of thier masses and inversely proportional to the distance between them"

If you want the same in Common man terms... listen to vijay... "Vazhkai oru chakkaram maathiri... innaikku mela irukuravan naalaikku keela varuvan... innaikku keelai irukruravan naalaikku mela varuvan..." Its really (non)sensex days now...

Meera said...

"What goes up must come down"!!
And this is just the beginning.

WhO ElsE said...

Yep, Its true.. What goes up has to come down. For a while, Indian stocks have been considered to be overvalued... But if one is prepared to stay put for a while, and invest wisely, then there are very few markets across the world that promise as much as ours.. What say guys??? An eternal optimist, he he!!!

Vasu said...

@ AVANN

Ur statement on Vijay is really true... He is the eternal conscience (as are many other dissilussioned actors)reminding people about the nature of life in cliched statements..

Anonymous said...

Best regards from NY!
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