….

 

Today I got up late…

preparing for the late night today… I have to stay up till 3.45 am !! India take on WI !!

No jogging… so read the news papers and not much about cricket… The fortune told me unexpected gains from somewhere….

Switched on the TV and CNBC was showing ad’s so for a while I surfed… reached CNBC Awaz… they have a program where viewers call in to ask the experts what to do with what share… I like it… rather my sadist side likes it a lot…

1st call – some guy from Ahmedabad – in a weak voice… Sir I have bought Unitech 1300 shares at 425/- what should I do…. !!!!!!

 

I was like…

 Uska aachar daal … aur kya…

 

I was so loudly laughing at his folly !!! My sadist side took over…. !!! I was so enjoying laughing at that poor guy’s plight…

 

finally my wife brought me to my senses by asking the one question I hate….  how many Unitech we have…

Me : (sheepishly) 350 odd…

She : What price…

Me : Average 285…

all my fun was robbed away… (why wouldnt you let me laugh)

the painful memory struck again….

UNITECH today is at Rs. 85/- about a month or so back it was at Rs. 25/-  !!!! ( sadly there are many other similar stories )

 

Well actually its not the sadist me… but its good to see that there are people who have made even bigger blunders… than I have… !!! I tend to draw some sympathy and some solace… !!!

Venting Rupees…

DISCLAIMER : this is not a post, this is my tantrum, this is tragedy, still I feel its funny, Its a slap in the face, still I pretend I am learning from it, this is nothing but just being a cry baby.

 

Some times its really weird.

 

I am a trader.

I am supposed to trade.

I must buy at a lower price.

 and sell at a higher price.

That is my basic job.

Simple enough.

I m supposed to be good at it… I am paid to do exactly that

 

But, every time I buy, price goes down.

Every time I sell, price goes up.

 

When I sell dollars, rupee becomes weaker.

When I convert dollars, rupee becomes stronger.

 

At times I wonder, am I so Important ?

Is it me who is governing the markets, do they get influenced by my decisions ?

I tell friends, do exactly the opposite of what I do… you will surely earn !!

Even that I think is an achievement

 

While all this was happening at work it was ok…

 

Boss ka paisa hai.

Markets are uncertain.

Its very volatile.

This is weird.

No one can predict the markets.

 

But Than…

Smart ass, former financial advisor.

Equity investor.

trying to emulate Warren Buffet.

but..

buys Unitech at 285

suddenly

Unitech is at 85

cousin comes in tells me, get out of the stock..

its 85 lets average, lets average, lets buy more !!

you gotta be kidding me…

i have to recover 200…

Cousin adamant get out of the stock…

ur out of ya mind…

Unitech is at 60.

ok this must be the bottom…

lets buy a few more…

Unitech is at 40…

Its now gonna rally… lets buy more…

Unitech is at 24…

WTF WTF WTF WTF WTF

 

Warren Buffet Saying :

Dare where others fear, fear when others dare…

 

I must buy more…

I aint got no money but… to average any more ( thank god for the recession, and no bonus )

 

same story with RNRL, LNT, RIL, RPL, Chennai Petro, Bharti, HDFC Bank, Yes Bank, Icici Bank, Rajesh Export, waaaaaaaaaa cant add more ….

 

My jug of woes is full !!!

 

 

Amazingly as the sensex turns around, crossing 10000.

The bull in me is still distant…

Now I understand the bears…

Where they come from…

 

Its weird….

but than life is weird…

 

geee this speculation…

 

At college I was good at this…

 

always speculating which girl is going to fall down or walk up 

more often than not a success…

 

guru was what they would call me !!

 

wish that guru part would come back now in life…

badly needed…

BADLY

Warren Buffet – Dhiru guru – Dhiru bhai – Ambani – is there any connection anywhere ???

 

I can’t find one newhere…

 

Yea there is this money connection, they gained… I vented !!!!