Lovely to see and congrats Yuvi.... It is never easy to score hit sixer in an over.
It was fulfilling to see that against good bowler instead of some minnows.
Thursday, September 20, 2007
Sensex @ 16k
Folks...
It is great feeling that sensex crossed 16000 level yesterday. It touched 14000 levels in August during the sub-prime crisis. It has been a great rally and bulls returned with a vengeance.
My learning from this fall and the rally thereafter is as follows:
1. Governing bodies like FED, BoE are making sure that calm returns to the financial markets. The way they pumped cash or the way FED cut the bank rate, interest rate meant
Providing timely excess liquidity,
Aggressive decision making,
Provide calm and cool to the markets at the earliest
"The big boss is always there" attitude
2. I would like to see "the big boss watching you" attitude by conducting tough audits and some punishment to the big banks for violating basic credit norms in future.
3. Bear Market would prevail only for a short term due to excessive cash flow. And, bear market would haunt only when we go for severe recession. In other words, for example, if bear market cycle comes once in 5 years, in future it would come only once in 20 years or so.
4. I dont think, US consumers would shy away from taking credit as they are already addicted to it and infact credit culture is showing signs of only spreading across the world.
Let us enjoy the bull market as of now !!!
It is great feeling that sensex crossed 16000 level yesterday. It touched 14000 levels in August during the sub-prime crisis. It has been a great rally and bulls returned with a vengeance.
My learning from this fall and the rally thereafter is as follows:
1. Governing bodies like FED, BoE are making sure that calm returns to the financial markets. The way they pumped cash or the way FED cut the bank rate, interest rate meant
Providing timely excess liquidity,
Aggressive decision making,
Provide calm and cool to the markets at the earliest
"The big boss is always there" attitude
2. I would like to see "the big boss watching you" attitude by conducting tough audits and some punishment to the big banks for violating basic credit norms in future.
3. Bear Market would prevail only for a short term due to excessive cash flow. And, bear market would haunt only when we go for severe recession. In other words, for example, if bear market cycle comes once in 5 years, in future it would come only once in 20 years or so.
4. I dont think, US consumers would shy away from taking credit as they are already addicted to it and infact credit culture is showing signs of only spreading across the world.
Let us enjoy the bull market as of now !!!
Monday, September 17, 2007
Indian political tamasha
Well.. Well... interesting days or months ahead in indian political scene... It all started with our Nuclear Deal with USA and promptly communists opposed it. So, all hell broke lose and our PM Manmohan Singh ended up forming yet another "committee" to "exmaine" the issues.
1. Communists of india always opposed USA. How will they ever agree to this deal even if PM changes his mind? Not possible at all as the core existence of Communists would be threatened for any "support USA identity"
2. Congress dont have any other way other than pursuing the interest of this Nuclear Bill. If they withdraw now, they would be called as "Chokers"; Also India wants UN Security Council Seat. How would India would get into it without the support of USA?
4. More over, Congress didnt do any great things for commons (read as aam aadmi). Prices shot up, real estate hit the roof, gas, petrol prices are bad. They want to show something +ve to go to voters at this stage
5. So, one of them has to call "Quit" first. Who is going to be that is not yet clear. I dont think, Congress would ever dissolve the Parliament on their own without really some one pushing for it. Otherwise, how will they ever get "Sympathy"? Definitely, they dont want to be seen as "arrogant" and "non co-operation with other political parties".
6. So, can we expect election some time next year? I think so... positively...
1. Communists of india always opposed USA. How will they ever agree to this deal even if PM changes his mind? Not possible at all as the core existence of Communists would be threatened for any "support USA identity"
2. Congress dont have any other way other than pursuing the interest of this Nuclear Bill. If they withdraw now, they would be called as "Chokers"; Also India wants UN Security Council Seat. How would India would get into it without the support of USA?
4. More over, Congress didnt do any great things for commons (read as aam aadmi). Prices shot up, real estate hit the roof, gas, petrol prices are bad. They want to show something +ve to go to voters at this stage
5. So, one of them has to call "Quit" first. Who is going to be that is not yet clear. I dont think, Congress would ever dissolve the Parliament on their own without really some one pushing for it. Otherwise, how will they ever get "Sympathy"? Definitely, they dont want to be seen as "arrogant" and "non co-operation with other political parties".
6. So, can we expect election some time next year? I think so... positively...
Week End - Play List
I enjoyed listening to the tracks on the week end.... Awesome songs...I usually pick up some tracks and keep listening for some 2o times or so... These were best out of that in my playlist and kept me going on Sat & Sun...
1. Tracy Chapman - Fast Car
2. A R Rahman - Dile Se
3. Varsham - Mellaga (Telugu)
4. Meat Loaf - I wud do anything for Love
1. Tracy Chapman - Fast Car
2. A R Rahman - Dile Se
3. Varsham - Mellaga (Telugu)
4. Meat Loaf - I wud do anything for Love
Twenty20 - bowlers rule
It is called as "Slam Bang" cricket. 6s and 4s galore and shots are played all over the park.
What an irony... half way thru the tournament we realise, it is still bowlers game. The way Vettori took the match from us or Brett Lee's hat-trick happened ...
Unfortunately, Indian team lacks quality bowlers to make an impact although.
What an irony... half way thru the tournament we realise, it is still bowlers game. The way Vettori took the match from us or Brett Lee's hat-trick happened ...
Unfortunately, Indian team lacks quality bowlers to make an impact although.
Friday, September 14, 2007
F1 - McLaren Punished
What a news.... sounds good... But drivers left unfinished becoz
"FIA said it did not penalize McLaren's drivers "due to exceptional circumstances"
because they provided evidence in exchange for immunity."
So., should we doubt the Alonso's credibility or not... is still lingering in my mind.
Whatever happens, i will skip watching this remaining races to punish myself of wasting time through the year :(
"FIA said it did not penalize McLaren's drivers "due to exceptional circumstances"
because they provided evidence in exchange for immunity."
So., should we doubt the Alonso's credibility or not... is still lingering in my mind.
Whatever happens, i will skip watching this remaining races to punish myself of wasting time through the year :(
Thursday, September 13, 2007
Road Digging in Chennai
Road Digging started all over again in Chennai. Main road, side road doesnt matter.
It appears, that Corporation is trying to put all sort of cable into one tunnel, hence this operation.
Nothing much, it results in more jam than normal as of now.
It appears, that Corporation is trying to put all sort of cable into one tunnel, hence this operation.
Nothing much, it results in more jam than normal as of now.
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