Friday, May 19, 2006

It was expected, only nobody knew when

We are all at a wonderful party, and by the rules of the game we know at some point in time the Black horsemen will burst through the great terrace doors to cut down the revelers; those who leave early may be saved, but the music and wines are so seductive that we do not want to leave, but we do ask, “What time is it? What time is it?” Only none of the clock have any hands.

               The Money game, Adam Smith.

“Mr. Market is there to serve you, not to guide you…and it will be disastrous if you fall under his influence” – WB


The markets in India finally crack/correct/slide/fall. Whatever you may say.


I think this will bring in some research and level headedness among investors. While everybody was concerned, nobody wanted to miss the bus. One did not like to be scoffed by friends who were moving happily for so many days.

So, do not be Fooled by randomness.


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