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Posts Tagged ‘Sensex’

Sensex wild moves

Posted by Sathyamurthy www.sathyamurthy.com on January 26, 2008

The Indian stock markets in the recent times have become very volatile. 500 or 1000 points up or down on the barometer BSE Sensex has become the norm of the day. So here goes our conversation on the Sensex movement.

Friend: Did you see the Sensex. Some days back it climbed up new peaks and was around 21K. Then the wild swings on the global stock melt down. It just swings 1000 odd points in a single day.

Me: Yes. When the Sensex was at 5000 or 6000 levels such movements were not there. Now such swings have become the norm of the day.

Me: I begin to think now it is no more “sens”ex – it is more “ex-sense”.

Me: And its moves have made us feel we have kum (less) sense. Investors have (probably) learnt their lessons and that is the essence. We should curtail our “Yes” sense to the tipster “nuisance” then there can be excellence in our investments.

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Market Bulls

Posted by Sathyamurthy www.sathyamurthy.com on January 26, 2008

My friend and I could not stop discussing about the market crash. (The crash dented our pockets too, ok?).

My friend: Markets never looked that they will go down so rapidly.

Me: Yes. It looked a “secular” bull market. People of all castes and religion came there to make profit.

Friend: Jokes apart, where did the bulls go?

Me: See we were in a bull market and everyone was a bull. When the bears came, the bulls were shit scared. So all the bulls went, leaving the shit behind for us. If you look at the portfolios now, there is only shit left.

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