Why So Serious?

I have often being accused by friends of watching some awesome releases quite late(mostly after their craze is over).After all,i saw RDB in mid 2008,i saw GURU somewhere in 2008.So before they again accuse me for same,i watched THE Dark Knight..termed as movie of year 2008...or even decade.Rightly so,Heath Ledger did full justification to joker's role.I enjoyed watching it

Gotham National Bank Manager: Oh, criminals in this town used to believe in things. Honor. Respect. Look at you! What do you believe in, huh? What do you believe in-?
[Bozo leans down and sticks a grenade in the manager's mouth]
Bozo: I believe whatever doesn't kill you, simply makes you...
[takes off his mask]
The Joker: ...stranger.


Next in line is "THE SLUMDOG MILLIONAIRE"..

Gold ready to break the roof

Yesterday,Gold prices touched 1000$/ounce and are quite close to all time highs.With stock markets plunging, and Obamanomics looks nothing more than rhetorics,Gold will prove to be a safe haven bet.The recession seems far from over.So,fundamentally,the stage looks all set for a bullish rally for Gold in year to come.Technically too,it seems all set to cross 2000$(rs 30000 per 10 gms on conservative terms) mark by mid 2010.
Japan has been struggling for over 10 yrs and now in middle of world wide recession,the export oriented country finds itself crippling to even survive.Goverment fails,administration fails there as a matter of evryday incident.Also,Yen has appreciated so much in foreign currency that Big japanese firms have to post losses and layoff workers which isnt really the japanese culture.
Japanese Goverment has waited so long to let yen appreciate by not intefering in the forex market,but now it must intervene or see Japan fail.time to be short on yen!!

Being a fan of Dennis Gartman,i always think of hedging,Going long on Gold along with long on Re against Dollar serves as a perfect hedging strategy .


Enough of opinions..As its said,Back ur opinions with ur money,not by words.But money is one thing i have never been able to match in supply demand factors...demand always exceeds supply :)
So all friends who are tired to their menial jobs and have saved enough for recessionary times, its time to invest...It could well be a very successful Ponzi scheme/fund(unlike Gernard Madoff's).:)

The trading paradox

Its been over 7 months for trading in crude oil and its already been hell of an experience.The trading culture demands patience yet quickness,calmness yet aggressiveness.Unlike other sectors where one works and gets paid for the services provided,here,for u to win,other must lose.Evryone comes with a dream to make it big.Its believed that trading is the easiest way to make money.And this mistaken belief brings liquidity to the market.In last 7 months or so,a lot has happened which didnt happen in last 70 yrs.Institutions which never posted loss in last 120 yrs(ya,not even at time of world wars) went bankrupt.All feel good factors went for a roller coaster ride and pink slips are in again.The boom which made all Engineers and Post graduates get hefty packages right from day 1 has come to an end.Or jst like markets,its time for correction in packages as well(i hope so).
Anyways,lets continue with more on world on trading.Everyday markets put ur discipline to test.The irony of trading is,the rules of game are pretty clear,go with the trend,cut ur losses and let ur profits run,and many more,inspite of this well defined rules,still most ppl fail.I found an image which says evrything about a trader's mind.Check it out!!

Friends!!!

Last nite,travelling from Delhi to Chandigarh over weekend,i happened to be a listener for converstation between two old friends.Being from same school,YPS,they happened to meet in bus after years.One of them,sardar ji is working in Bangalore wid some IT firm for yrs.His confidence and the pride he took in being it IT field is badly shaken by Satyam fiasco.The other guy,NRI,has been working in London since 2002.They enjoyed meeting each other after so long,talked about der mutual friends and shared some good old jokes of skool times.But tats were happy reunion came to end.den started the all time favourites battle to defend Brain Drain.Sardar ji got involved in how life in Swades is better than in a foreign city and how its only punjabi jatts who r crazy for moving abroad and not all youth from country ,whereas the NRI guy with hinglish accent couldnt stop boasting of the life style and living standards over der in UK. One could sense the battle being fought in arguments. And it went on for long time,mite be for hrs after i feel asleep.

And i was left wondering whether things would be d same if i happen to meet an old friend after yrs.Will we be rejoicing the time we spent together or wd be more concerned about defending who did better in corporate world and is spending a marvellous life. 

So lets not get lost into the corportate world.I expect the old friendship reigns over this trivial matters.Keep in touch.