Since after noon I have no work(actually since many days), my mind is totally flushed out and I just aint able to write anything.
twice today I tried to trade RNRL and twice i got saved by a whisker. I was selling 1000 Rnrl and trying to cover them lower. But as luck always has with me each time I sold it the price would go up. Both the times I some how managed to save my ass. Earning 25 paise after all the sweat I wasted. FYI these 1000 rnrl + another 500 I have were bought at an average cost of Rs. 145. They now are greatly valued at Rs. 54.
I don’t really trade a lot, especially these days since the great recession bug hit us. But just nothing to do and I try to be smart by trading a bit and pulling out a few bucks. I have put all my income in the stock markets. By january last year I had invested 6 lakhs with had swollen to 9 lakhs and I was feeling like the smartest guy in the world.
Today the portfolio value has sunk to 2.8 lakhs !!!!!!!! I am stuck and stuck big time….
thankfully I didnt take a housing loan and buy a house here in Indore.
Suddenly the job seems shaky, passing a day in the office is difficult.
Thanks to this blogging I largely am able to keep my mind off. I can easily make 2 posts a day in office and also post comments on all blogs i follow….if it werent for blogging I would go mad ..
I am a trader, we used to export. Now we have no export orders as China is also slipping into a recession. My company is scared to sell locally and hence we do not buy anything. We dont have to take money from any one nor give to any one. But we have bills to pay, salaries to give… scary it not only sounds, it is.
My generation, I am 30, has never seen recession. Since I finished college jobs were easy to get. maybe at times you would have to put up with a job you didnt like but in 3-4 months you would always find a job that you liked. Specially in Sales and Banks jobs were galore. We have only seen the stock market go up .: yes there were corrections before but they would last a few days maybe a month or two at most but the trend would be up !!! India shining !!
Now the last whole year has gone and no green in the market, now the effect is coming in our business …. from unbelievable turn overs we are turning to shocking turn overs. what looms ahead is darkness… where is the ray of light comin from … I dont know…. It is time to clench your fist and hold on… hang on…
Some times i fantasise that some advertise fellows will select my blog and pay me handsomely.
When I go home and every one says lets go to Rab Ne Banadi Jodi, I am like why movie watch it on the DVD. Money saving is now taking its toll on my mind.
Than sonny comes and tells me Addha lets go to the multiplex… and I cant say no….
Suddenly I have started noticing Popcorn is 60 rs and we 5 people gobble popcorn of about 400 rs + pepsi !!!!! in one movie…. what happened to those days when my mom would take us to the best restaurant of the town and feed us a three course meal along with a movie ticket in a balcony deluxe with popcorn and chips and thums up all in about 500 Rs.
This recession is slowly getting to me, I never bothered about prices, the other day i read a blog about on a broom costing Rs. 60 and I was like reaching home to ask if we bought so expensive brooms too ??? Relieved to know we use brooms which cost only Rs. 40.
I am starting to count… now when i smoke I feel Rs 5 has gone in smoke !!!! than out of worry i smoke again !!!! again Rs. 5 gone…. whew….
when is the world turning around ?????
every one says we are in for the long haul …. how long …..