Crashed & Thrashed !!

AND BEHIND ALL THIS , A NEW START...........

I always used put up an excuse that the day i get first multibagger in stocks would be the day i start writing the blog. Not because i wanted to boast about it ,but because that day i would have experienced the enigma i wanted to feel for the past three years since developing my interest in the field. But that feeling came a bit oo early. When i reached my offfice today and started my moneycontrol , I saw something mindboggling. It is what stock market fundamentalists claim as a " Free fall" - a stock market crash , and the witnessed was the biggest in the history of indian stock market. I had seen and heard the crash of may 2006 when sensex plummetted from 16000 to 12000. But being a part of it was an experience of its own. A feeling like someone is pulling your pants down in the middle of the town and you cant do anything about it while a strip tease is going on in front of you. You can neither enjoy nor despise. It was amazing to see markets lose all its sheen among a plethora of uncertainties of all kind. There was weird data of the amount that was at stake and was lost converging from every side. It was around Rs. 6.6 lakh crore which I read later was ( of which 6500 was my personal wealth ).

I right now, can imagine what people have to bear while facing such an onslaught of bears. ( not the polar ones mind you). It makes you realize the fact that things look good when you are on the other side watching as spectators. But then there are highs and there are lows. What is life without the element of risk in it. I being a great believer in the power of the unexpected , expect that its power shall reign supreme in the end. But then there is no point expecting !

The auspicious day 21st January 2007 also happens to be birthday of my dear friend Manish Bangia. Happy b'day bangs and these events better not happen next time , atleast on this day!!!