AN ENDLESS WAIT

May 15, 2009

We are waiting for the market(Sensex) to go down, so that we can buy our favorite stocks.
But every time that it goes 200 points down in a day, the next day it goes up by 300 points...

The fact that the market is going up is doing no good for us. Raju has made sure to make Maa Behen of Satyam shares, the and no matter how well the Sensex does, we have no hopes left for them.

Even on every news channels, the so called market guru's seem to have no clue as to why the market is constantly going up. They expect it to fall down sharply sometime soon. They expected the same when the Infosys and TCS quarterly results were out, same when the stress results were out and again when the exit poll results were out...they expect the same when the global markets have gone down each day. But nothing could bring it down, irrespective of the fate of US markets or other Asian markets, the Indian markets have mostly gained. The US market has gone up by 30% in last 3 months, while for the Indian market its over 40%.

Its good news actually, in terms of the best interests of the economy of the country.
But for the sake of investors like us, I hope it goes down, just once, back to 10,000. Maa Kaasam!!! Investors like us will make sure it gets back to where it was and even more.

Hope the election results tomorrow gets us some good news.


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