Tuesday, December 29, 2009

Bring in the optimism

While reading the country's leading financial daily (or one of them), i came across the oft repeated headline -
'Are we in for another bull run?' (http://economictimes.indiatimes.com/markets/analysis/Are-we-in-for-another-bull-run/articleshow/5393337.cms)
I don't know how you react to the title, some would be curious and read further, others elated just at the thought of making more money and recovering the early losses, while others like me have a hearty laugh.
Its just that the question mark at the end says it all - noone has a f*%$ing idea about it at all.

Now, i'm not questioning the various facts and figures they might be quoting - the govt's revision of the growth target upwards, advance tax collections on the rise, world economies showing signs of revival, a minister resigning due to affairs not related to his office (oh wait, strike that one out, that was out of context i think), and my personal favorite - the fact that most of the stocks are on their 52 week highs, so they will go higher, right?
I'm not much of a finanical analyst, i'm still working on improving my class 5 maths skills, but there does seem to be something wrong with all of it.
To be fair, i guess they do advise the investors to proceed with caution, always the statutory warning appended.

Nothing like a piece of euphoria backed up by unwarranted optimism to go into the holiday mode, right?
So here's to another year of aloofness, have fun!

2 comments:

  1. You will always encounter a "question mark" in educated guesses!!

    ReplyDelete
  2. it's true, no one has a clue (oh wow, i can rhyme! ahem)... why do you think i moved out of research?!

    ReplyDelete