Liar Liar
This post was originally on mouthshut but I decided to consolidate
Act 1 Scene 1: Drawing room, Lethallogic's residence. Seinfield is on TV
Jerry takes a polygraph test only to have the needle waving wildly everytime he lies, finally he strips the polygraph off his wrist and accepts that he has been watching some girlie sitcom
Act 1 Scene 2: Drawing room, Lethallogic's residence. A financial channel is on TV
Uljhayan is downcast after the indices have fallen to their six month lows and is sheepishly asking a plethora of Financial Analysts what their take on the market is and getting very smug confident responses, all suggesting that "retail investors" keep away from the market as "nobody can predict the bottom"
Act 2 Scene 1: Day Dream, Bubble above Lethallogic's head.
All the financial analysts are on the polygraph and Uljhayan is trying to be heard above the din of the needles scratching all across the paper. As each analyst makes any statement the needle goes hay wire and makes giggling sounds as it sweeps across the apparently tiny paper where a swing of an inch is supposed to indicate a fabrication
Act 2 Scene 2: Workroom, Lethallogic's residence. Focus is on list in bold in front of desk:
Sensex What the analyst says: What he means:
14000 India is a growth story Wow. 14,000 let me cash out
15000 Domestic consumption is high Shit. It looks like I was wrong.
Let me buy some shares.
16000 BRIC countries are roaring Oh my god. Should I sell and
book my profits?
17000 Double digit growth in the medium What the f***? Where is all this
to long term is a reality money coming from?
19000 There is selective value in the equity I have no idea what is
markets happening
18000 The fundamentals are in place Damn. Let this interview finish I
need to sell!!!
17000 India is following global cues Should I buy? Maybe this is all?
16000 The poor IIP numbers have dragged Dang! I should have sold earlier
the sentiment down
15000 The retail investor should keep away Maybe I have fooled them
as there is too much volatility enough. Let me buy
End note:
Seriously, these so called market/financial analysts should just shut up. They are shouting sell everytime the market crashes and buy everytime it reaches new highs. Wasn't the objective of investment just the opposite, buy low sell high? Who gave these guys MBA degrees anyway? A chatwala predicts his daily raw material requirement better than these guys can predict the market movements. From now on my daily dose of humour is not going to come from The Cartoon Channel but from The Finance Channel :-)
Act 1 Scene 1: Drawing room, Lethallogic's residence. Seinfield is on TV
Jerry takes a polygraph test only to have the needle waving wildly everytime he lies, finally he strips the polygraph off his wrist and accepts that he has been watching some girlie sitcom
Act 1 Scene 2: Drawing room, Lethallogic's residence. A financial channel is on TV
Uljhayan is downcast after the indices have fallen to their six month lows and is sheepishly asking a plethora of Financial Analysts what their take on the market is and getting very smug confident responses, all suggesting that "retail investors" keep away from the market as "nobody can predict the bottom"
Act 2 Scene 1: Day Dream, Bubble above Lethallogic's head.
All the financial analysts are on the polygraph and Uljhayan is trying to be heard above the din of the needles scratching all across the paper. As each analyst makes any statement the needle goes hay wire and makes giggling sounds as it sweeps across the apparently tiny paper where a swing of an inch is supposed to indicate a fabrication
Act 2 Scene 2: Workroom, Lethallogic's residence. Focus is on list in bold in front of desk:
Sensex What the analyst says: What he means:
14000 India is a growth story Wow. 14,000 let me cash out
15000 Domestic consumption is high Shit. It looks like I was wrong.
Let me buy some shares.
16000 BRIC countries are roaring Oh my god. Should I sell and
book my profits?
17000 Double digit growth in the medium What the f***? Where is all this
to long term is a reality money coming from?
19000 There is selective value in the equity I have no idea what is
markets happening
18000 The fundamentals are in place Damn. Let this interview finish I
need to sell!!!
17000 India is following global cues Should I buy? Maybe this is all?
16000 The poor IIP numbers have dragged Dang! I should have sold earlier
the sentiment down
15000 The retail investor should keep away Maybe I have fooled them
as there is too much volatility enough. Let me buy
End note:
Seriously, these so called market/financial analysts should just shut up. They are shouting sell everytime the market crashes and buy everytime it reaches new highs. Wasn't the objective of investment just the opposite, buy low sell high? Who gave these guys MBA degrees anyway? A chatwala predicts his daily raw material requirement better than these guys can predict the market movements. From now on my daily dose of humour is not going to come from The Cartoon Channel but from The Finance Channel :-)