Tuesday, January 22, 2008
Jodhaa Akbar Music
Jodhaa akbar music is out finally !!! What a composition from our beloved A R Rahman... Mindblowing indeed. This music CD is a must buy for for real, un-biased, music lovers. Chuck the pre-conveived notions... go for it...
Stock market global crash Jan 08
What a crash.... Historical... Never before crash witnessed so far...People call it meltdown, mayhem...
One question which i cant answer from my friends is... How come you guys dont know that the US economy going into recession 3 weeks back... & what changed your view in 3 weeks.... difficult to answer.
The point is markets melted when someone started selling, herd mentality created panic in everyone's minds, people ran to sell stocks... I dont think, people are selling in profits, they are selling what ever they can to avoid payment crises...
We will see better time for indian stocks from 15000 levels of sensex for 2008. If you are an investor, go ahead and buy nifty stocks with 6 month holding view. You are unlikely to lose money.
One question which i cant answer from my friends is... How come you guys dont know that the US economy going into recession 3 weeks back... & what changed your view in 3 weeks.... difficult to answer.
The point is markets melted when someone started selling, herd mentality created panic in everyone's minds, people ran to sell stocks... I dont think, people are selling in profits, they are selling what ever they can to avoid payment crises...
We will see better time for indian stocks from 15000 levels of sensex for 2008. If you are an investor, go ahead and buy nifty stocks with 6 month holding view. You are unlikely to lose money.
Thursday, January 17, 2008
Stock market - update - Jan 17
"I feel that some of the stock prices shows irrational exuberance so I predict correction in Sensex from 20500 levels to 19000 to 19300 levels for Jan 08. If at all the bull rally continues, it will have resistance at 20800 levels for Jan 08." - I have written this as part of outlook for Jan 08.
As expected and predicted, market came down and recovered from today's low of 19650 levels to 19900 levels as of now.
I strongly feel, de-coupling with global market would happen shortly when the earnings comes out in full swing from today onwards to Jan 26th or so. Buy on declines and keep an eye on markets until budget. Volatile days are ahead.
As expected and predicted, market came down and recovered from today's low of 19650 levels to 19900 levels as of now.
I strongly feel, de-coupling with global market would happen shortly when the earnings comes out in full swing from today onwards to Jan 26th or so. Buy on declines and keep an eye on markets until budget. Volatile days are ahead.
Monday, January 14, 2008
Chennai Book Fair - 2008
Went to Chennai Book Fair on Jan 13, Sunday. Book fair has really become big this year than compared to any previous years, i felt. So huge, close to 400 shops. Faithful, huge crowd thronged the place at Poonamalle High Road.
Observation # 1 - Too many tamil books than English (i should even say 75:25)... Cant figure out why so much of change... Is it bcoz of Tamil Nadu Chief Minister M. Karunanidhi's influence? or Tamil Appeasement? ...
Obsevation # 2 - Sighted books on Che Guevara everywhere !!! Dont think, one will find so many books even in Cuba on him :)
Observation # 3 - Vairamuthu's works, Character building books are in demand. Saw some new books on "hindu beliefs".
Observation # 1 - Too many tamil books than English (i should even say 75:25)... Cant figure out why so much of change... Is it bcoz of Tamil Nadu Chief Minister M. Karunanidhi's influence? or Tamil Appeasement? ...
Obsevation # 2 - Sighted books on Che Guevara everywhere !!! Dont think, one will find so many books even in Cuba on him :)
Observation # 3 - Vairamuthu's works, Character building books are in demand. Saw some new books on "hindu beliefs".
Chennai Sangamam
I happened to visit Chennai Sangamam programs on saturday. I first went to Nageswara Rao park, Mylapore - I didnt like the ambience, no place to sit, sound was too loud, found it difficult to even stand and watch the program from under one huge tree.
Got fed up and went to Natesan park - T Nagar. Lovely set up. Road was blocked after 7:30pm and performances were exciting. Bommallatam was class apart. Enjoyed a lot. Some senior DMK members were also participating including Kanimozhi.
Request Chennaites not to miss it but choose the neighbourhood location carefully. Good and interesting effort indeed by organisers!!!
Got fed up and went to Natesan park - T Nagar. Lovely set up. Road was blocked after 7:30pm and performances were exciting. Bommallatam was class apart. Enjoyed a lot. Some senior DMK members were also participating including Kanimozhi.
Request Chennaites not to miss it but choose the neighbourhood location carefully. Good and interesting effort indeed by organisers!!!
Thursday, January 10, 2008
Cricket & Umpiring
In my opinion, cricket is at cross-roads once again after the strong match fixing controversy. Why?
a. If umpires keep referring decisions to 3rd umpire, then what is the big responsibility while standing in the middle of the ground?
b. Let us assume, young umpires (in early 30s) can be recruited, then, how will they control hard headed people like Ponting or Smith.. for example?
c. What is match referee doing is something i am not clear at all. What did he do when 2007 World Cup played in twilight? What did he do when England Vs Pakistan match fight happened?
d. It is agreed that Umpires are human and they would make errors. What is the tolerance limit per match or per innings?
e. How can ICC manage billions of arm chair umpires who watch TV replay and keep commenting? How to ensure fairness between viewers and umpires... obviously, viewers today are far better placed when compared to umpires on the field.
f. Proper use of technology or whistle blowing from match referee or third umpire needs to be explored and some time based decisions would augur well for the future of cricket.
For the interim period, Head butt sounds like an good idea to resolve issues :)
a. If umpires keep referring decisions to 3rd umpire, then what is the big responsibility while standing in the middle of the ground?
b. Let us assume, young umpires (in early 30s) can be recruited, then, how will they control hard headed people like Ponting or Smith.. for example?
c. What is match referee doing is something i am not clear at all. What did he do when 2007 World Cup played in twilight? What did he do when England Vs Pakistan match fight happened?
d. It is agreed that Umpires are human and they would make errors. What is the tolerance limit per match or per innings?
e. How can ICC manage billions of arm chair umpires who watch TV replay and keep commenting? How to ensure fairness between viewers and umpires... obviously, viewers today are far better placed when compared to umpires on the field.
f. Proper use of technology or whistle blowing from match referee or third umpire needs to be explored and some time based decisions would augur well for the future of cricket.
For the interim period, Head butt sounds like an good idea to resolve issues :)
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