Sensex at 20k - outlook

Sensex touched 20k. Smiles all around faces who are reading the news in TV. But i found many of the traders lost out the rally and they have not made any big money in the 18 to 20k rally during my normal interaction.

The point of mislead are many of the TV anchors are baby bulls and they mostly have not seen any bear market. Hence, they tend to over hype the upward rally.

Outlook: Caution is the buzz word and focus on stock picking carefully. Buy the performing stocks like capital goods, power, realty, banks and fin serv companies during correction. Avoid IT stocks, Pharma stocks, export companies in near future.

US markets are running with a double edged sword. If they cut interest rates tomorrow, oil prices would go up, dollar would fall and thus creating some imbalance in overall economic scenario.

If they leave the interest rate unchanged, only stock market would be affected. Housing Loan borrowers who are squeezed in credit crunch would anyway are in process of re-negotiation of their loans and some 2m homes are waiting to be grabbed in USA already.

I feel this could be the near time peak for the markets and strongly advise caution on herd mentality of buying stocks. Stocks are not going to fall drastically but might not go up much also from this level. Correction is good for everyone at this level.

Week End Playlist

Sunday, i listened to Duet, Mr.Romeo, Thiruda Thiruda songs....

Bhagavaneyyyy

Oh Lord... kadavule... Konjam Nalla Budhi Kodu....

1. Kumarasamy - Ex-CM - karnataka... He is back again to support BJP
2. Gujarat Riot - Sting Operation participant folks - how bravely they open up like this.... looks like they are sure that law would take its own course.
3. Karan Thapar - some time he should listen to what other person answers
4. MTV Mia - How creatively she dresses !!!
5. Sun TV, KTV, CM tv - for their creative movie based programs and serials especially during festival holidays

Sixer Sidhu & T20

Comparing the various forms of cricket with music, Sidhu said, "Test cricket is like classical music which has survived since ancient ages. One-dayers are like film music that leaves people enthralled and T20 cricket is like disco and rap which provides occasional pleasure in short bursts."

Interesting indeed !!!

Reading books regularly

I like reading books. I started this during my college days (british council member then) and continued till date. I read adventures, mysteries, biographical and character building books.

I sincerely believe it is a good habit and I definitely make it a point to spend around 15m of reading before sleeping.

As of now, i am reading the biography of Virgin's chief Sir Richard Bronson.

Azhagiya Thamizh Magan - Audio - my views

Azhagiya Thamizh Magan audio released yesterday. It has Rahman's music and it comes after the super hit Sivaji. Other recent releases were Sillunu Oru Kadhal & Guru.

Vijay is the hero of this movie and I was expecting some good mass numbers. I didnt have any expectation on the quality of tracks when i bought the CD. And actually, my reaction is mixed and no sense of deja vu for now.

The album contans 6 songs with one old song re-mixed. Lot of singers but no Shankar mahadevan for Vijay for a change !!!

I simply didnt like “Ella pugazum” song at all. I feel still Rahman's song in "Ah Aah" was lot better when compared to this. But the lyrics are good to suit Vijay's image.

My favourites songs are ponmagal and marlyn manroe. Remix of Pongal is fresh and sounds really well. Marlyn Manroe song is very well sung and it has catchy tune and sound. Can be very well compared with Style song of Sivaji. Both are most exciting tracks of this album.

Valayappati and Madhuraiku are little above average but not outstanding. Lyrics are very decent in these tracks. Some how, Rahman is trying to use "melam" for tamil mass numbers and it works here too. Valayappati has got some valuable carnatic raaga mix too.

Kaelaamal kaiyile track is melody and it is definitely little different and the interlude music is definitely good and catchy. Very decent number.

Overall 6 out of 10. I am happy for one thing, no koothu pattu and predictable sound. Singers have done a damn good job.

Mysore Trip

Do visit the following link to check out my mysore trip photos.

http://picasaweb.google.com/svijayganesh/MysoreTrip