BUUUUY

Alright, maybe not so aggressive. But understand your risk reward ratio. The US debt ceiling issue story will be around for long..... 10 years. So make your call. I am buyin....

Decepticons identified

Yep, they sit in Karnataka- the mining mafia. And everyone is in it. Everyone elected that is.

US
Other news- will the US government raise debt ceiling.  Considering the decepticon infiltration, does look like it.
So stocks should stabilize......perhaps move up. Tracking Apple, Priceline, Expedia among others for now.
How about that explosive dollar rally (in secular bear market)?

I had written earlier on a worm in the apple...I have to admit I had to eat it.  I went long and made some cash but indeed you are better off buying the stock than the product (Iphone, Ipad).

India
The recent 50 basis hike by RBI is considered by all to be overboard and perhaps rightly so. The learning? Plunk your assets in liquid funds / fixed maturity. Looks like the only game in town.

Are you focusing on the right stocks? There are indeed a few out there. Few. Anyone clued in the Bata story ? Write in !
For now Sun Pharma, Petronet LNG, SETCO, Tata Coffee, ITC have caught my eye. Been a fan of Indraprastha for a long, long time. Fortunately it has yielded results, more than just gas.

The Decepticons are here !

Yes they are here- the Decepticons.

They are the billionaires who control us. Hand in glove with your elected leaders. No, you are not free. Even if you are NOT a Greek, Irish, Portuguese or Spanish.

Infact if you live in a democracy you have been deceived. Your leaders have made their pact with the Decepticons. You have been sold out.

What is the stake? How to make you work for them. How to make you build their world.
So the fight is how the Decepticons pull money out of the government.....or what you think is your government.

There is no 'Transformer' around to help you.

Cover me, cover me !

"The times are tough now
Just getting tougher
This old world is rough
It's just getting rougher
Cover me"
- Bruce Springsteen

Atleast I covered myself.

Covered my metal and agri shorts on profits today after a month of patience. The overall markets are up. Guess, the corn boondoggle being restricted by US Congress has caused agri prices to crash.

Loitering Indian markets

The Indian markets are not picking well enough. Perhaps there may be a temporary bounce. I cut my positions a bit earlier.

Patience is the name of the game. Only 2-3 stocks are holding up well.
Perhaps the lastest rate hike of 0.25% by RBI is the last.

Lets wait and watch. I am sitting predominantly on cash.

On a longer term, assuming 2012 turns out to be a cute year, protect your cash for the big kill. The true fortune will be made by buying strong growth companies on "sale". A few will make the life of your next few generations.
The crux will be to select the right sectors or perhaps shorting  long term bonds, buying emerging market bonds or junk bonds. But all that will have to wait.

Enough of Apple pie, I 'long' for the yummy dollar

Apple was sweet long enough. Perhaps you have enjoyed showing off your Ipad and Iphone.
Know what? Maybe its time to short Apple.

Time to attempt going long on the dollar gain. My possible second attempt.
Corn is the tricky bit. Truly corny. But gradually other things may crack open.
Luck, mon ami.

The flipping world economy

The world economy is probably flipping.

My shorts are looking to stabilize for now. Let see how long before I eat crow.

The Indian markets will have to follow soon. The question is of timing. My dipping my feet in Indian market is yielding mixed results.

Sharp time sensitive investments yield immediate results. But the trend needs to follow. As I had mentioned earlier one can go long the dollar. But for now, it seems to be tanking again. What does that mean? It means I will once again have to attempt a perfect entry to go long dollar... 'assuming' that is the correct trade. And assumptions are the mother of all screw ups. And no I am not flipping this time!