DLF will Join IPO Boom afterall!

With the stock markets Up and then down, and then up. And soothsayers sayers, both bears and bull, giving their verdict only after each climb or slide, but never before.

It is as if the World Economy changes overnight. One week the fundamentals are very strong, the next week the markets are overheated. One week, we see nothing wrong in the sustained correction, the other week, the market is beating the trend.
I should I should also become a market analyst.
They never seem to go wrong, because they always do posts analysis.

It made DLF, the largest real estate major real worried. DLF have been mulling with the IPO for ages now, but the market always go the wrong way, there is a correction, and then the real easte stocks also took a beating. Last few weeks have been good, and now DLF don't want to wait.

They are comming with a 2 Billion Dollars Plus issue. 8750 to 9625 crore to be precise. 500 to 550 per share. All the best to you all.

Moving to own Domain??

Been thinking of moving to my own domain, and publish using wordpress for sometime now.. OK why I haven't been posting too often.. I have spending most of my waking hours at work place... and Blogger is not accessible.. and general lethargy too..

A new domain might break the inertia, and motivate me to start posting again. I do have a blog domain, that I registered. I wanted a couple of Like Minded Happy People to start posting. The idea was too if I could have that as a separate blog. Well, it grounded after a few weeks..

I am planning to blog there full time.

Lets see..

The Stock market's been hot Like crazy..
I am making money on good stocks and losing on speculative derivatives.
How many times have I told myself that if there were even 1% luck factor, I would be unlucky...

Despite getting good returns on things I am certain about, the Uncertain never ceases to tempt me.

Stock Market Correction Worldwide on Budget Eve!

As I write this all the markets are plunging like nine pins. Emerging Marekts are plunging ina global meltdown that is making me sit up. Most of the Indian ADRs are also losing 5-10% upwards. Icici Bank ADR is already down 11% China is down 8.8% as of now. Mexico down 6%, Nikkei down 600 points, Dow is down 400 points. Blood Bath?

What is dangerous is the fall is thye chinese market. Holy Cow 8.8%.
The budget will be irrelevant after all.

An incorrigibale speculator, I had betted big on a n0n-populist, market friendly budget and had taken huge long positions. But the Global Meltdown is Huge. Even a 100% cut on corporate tax will not do any good on Sensex today, I guess. Chidambaram save me...