Stocks are shooting through the roof. Most undeserving companies are daily up 10-50 % up, Sensex has more then doubled in no time. Companies(Essaroil, Escorts etc,etc) which are showing loss for years are projected as champions, front-runners. Companies which didt even start there production(RPL) are most desired.
Market rightnow is like one big circus, and all the jokers are there to amuse people with there 25000 by next year theories. I dont know wheather to laugh on these jokers or tell them to take there circus to some other place, with there bulls and corrupt ring masters.
I myself want to see our market go up to new heights, but not this way, I mean not in a fraudulent manner. Most of the prices are rigged; most of the financial results are prepared with so called creative accounting. Most of the people are so caught-up with bull market right now that if tomorrow some dance bar owner comes out with IPO it will be over subscribed 50 times. Why? because jokers will again come for its rescue, saying its fundamentals and future in very solid, it will generate lots of money. Its a profitable business, margins are very high, government is coming out with new exemptions and policies, they will also allow them to go nude.. LOL
Anyway the point I am trying to make here is, dont get carried away simply because things are looking so rosy, be careful, be alert, use the opportunity as it arises and use it even if its a shorting opportunity.
Go long if you want to but do take Short cut as and when it arises. You will reach faster were ever u wanna reach. Otherwise Bull himself will hurt you with its horns in Long run. Bear in mind that Bears will help you if you stuck in bullshit.
DOW JONES is up 300 points.. rightnow.
To all the bulls, Aa mujhe maar.
SachinBaba.
Market rightnow is like one big circus, and all the jokers are there to amuse people with there 25000 by next year theories. I dont know wheather to laugh on these jokers or tell them to take there circus to some other place, with there bulls and corrupt ring masters.
I myself want to see our market go up to new heights, but not this way, I mean not in a fraudulent manner. Most of the prices are rigged; most of the financial results are prepared with so called creative accounting. Most of the people are so caught-up with bull market right now that if tomorrow some dance bar owner comes out with IPO it will be over subscribed 50 times. Why? because jokers will again come for its rescue, saying its fundamentals and future in very solid, it will generate lots of money. Its a profitable business, margins are very high, government is coming out with new exemptions and policies, they will also allow them to go nude.. LOL
Anyway the point I am trying to make here is, dont get carried away simply because things are looking so rosy, be careful, be alert, use the opportunity as it arises and use it even if its a shorting opportunity.
Go long if you want to but do take Short cut as and when it arises. You will reach faster were ever u wanna reach. Otherwise Bull himself will hurt you with its horns in Long run. Bear in mind that Bears will help you if you stuck in bullshit.
DOW JONES is up 300 points.. rightnow.
To all the bulls, Aa mujhe maar.
SachinBaba.