sir you dont you consider Germany good! i like them as they are our aryan brother somehow! i think they are the best mind in engineering fields, compared to none, ofcourse jews are exceptional @ everything! japan on other and are more of copy cats! and certainly there is lot of wrong doing in the yen that they have, it is so much manipulated!...

lol sirji i get the idea, i think pppl are so fed up in markets, now they are buying into treasury! its not that difficult in US, as they are well informed and stuff! i mean i think dumb ppl are getting n the bus now! but when there is selling they will be the last to recognize it! but why is dollar on a run, dumb money could dictate trend but there seems to be coordination in all the things taking place!...

sir from a very long time i have using ITC stuff, maybe it is time to diversify my portfolio to increase risk/return!...

sirji my take! bunds are yielding record low yield due to the fact that some thing will go wrong in near future! that is greece getting out of the EU! spanish and italian bonds yields are sky rocketing! so basically investor are dumping every thing for german bunds, but this is only restricted to EU! now talking about UST, i feel that FED, CHINA or JAP must be buying treasury, dont know why, but they must be buying it! strenghtening of $ is bascially good for exporting nations, like china and all! so there must be some underlying reason for all this! maybe it is to generate growth again from china, which has been hit with a slow down as us! things change as they like, im just trying to make some sense!lol...

Bought Geodesic at 38.80 and India glycols at 126.00 Sanjay...

Forgot to give the link about the child who is bearish about the entire universe that he stopped doing his homework. http://t.in.com/bowa (Scene from Woody Allen`s classic "Annie Hall") ...

No wonder they have sealed the new office space lease deal(1 million sq.ft.) the other day ;)...

Looks like markets are e waiting for ITC results , which has the most weightage on Sensex . Hope markets react positively to ITC results. So ITC could be the joker today. If my guess is correct , they should announce it within next 45 minutes. ...

UM , your house has downgraded Indias GDP forecast from 7.2 to 6.6 ; and M.Lynch from 6.8 to 6.5 The silver lining from M Lynch "We continue to believe that the worst is over, but there is still pain left," Merrill said..." http://t.in.com/en2C Markets has not reacted much to that. ...

There is no problem with infomations. It is always opinions that get in the way. Every one has one....

Whatever is going to go wrong in the future will make the Bund fall. (whether recession, stagflation, inflation with growth.) Germany is no Japan. Its economy is too much interlinked with that of Europe. ...

I read an article recently which pointed out that Dumb Money is increasingly into treasuries and that pros are going out of treasuries. Therefore just because something is going high let us not assume that governments are buying it. At the same time governments and central banks are known to do daft things. Sher Shah linked the rupee with silver when silver was at all time high. Swiss central bank sold gold in year 1999-2000 when gold was at all time low. At the height of technology bubble in March 2000, BusinessWeek brought out a cover story explaining then onwards everything would be done tech way only.

So just because Bund is at all time high let us not assume that something smart is happening out there!...

Yes, we are following the world markets. In addition, Indian stock market is under the control of smart money. Therefore you`ll find that Nifty anticipates rises and falls in world markets and moves ahead of them. ...

Beautiful rally in financials today. This time world markets are also cooperating. But this could be just a relief rally. I am still keeping my longs. ...

Forgot to give the link about the child who is bearish about the entire universe that he stopped doing his homework.

http://t.in.com/bowa

(Scene from Woody Allen`s classic "Annie Hall") ...

Ah, being perpetually at 14 is the secret your being able to make such accurate bearish predictions. Here`s a child who is bearish about the entire universe.

...

You remember some ten days ago that we had discovered the bottom of India? That is what we do privately. Then we say the opposite. That`s how we make our living at Goldman Sachs....

Exactly. What we are having is brainstorming. We present data and insights from different perspectives, some of which may not be that good and some of which may be brilliant etc. And the forum gets an overall view of what is happening and what is likely to happen. ...

Your calls turned out to be all correct so far. Congratulations. It would be great if you stay with us during bullish and bearish times.

Even otherwise it will be OK I suppose. In bullish phase, as soon as we start hearing the persistent caw caw, we`ll close our longs and initiate shorts....

No it was not staged. These things happen automatically. The world marketplace is so incredibly enmeshed together that if one moves the others adjust almost immediately.

Why I am cautious about continuance of this rally tomorrow:

1. Average volumes
2. FIIs net sellers in cash, which means probably the buyers were short term funds trading in futures and options.
3. Fear factor in Europe still solidified. Bund made another all time high today, though it did correct a bit.
4. Today`s rally was almost 2%. This sort of rally with low volumes, especially if not supported strongly by world markets, is difficult to continue the very next day.

I am still holding the long futures I entered into today morning. If the situation is bearish everywhere, I shall cut them in the morning itself rather than "hoping" for something to come by to rescue us....

Here everything is as green as can be. We are getting sporadic rains and the sky is mostly overcast.

When the monsoon finally hits things change completely. Only in the Himalayas have I experienced such intense rains as we get in Kerala. In the first tranche (from June 1) it normally rains for days together. Then there is a respite for two or three days and again rains. If there is no rain for one week at a stretch in June Met department start getting worried. The wettest month is July. "Karkatakom" month. Then you can have a full week of incessant rains. When that happens clothes won`t dry, matches won`t burn. You take anything and it feels damp. That is also the no-fishing season. That changes, August comes. Harvest season, Onam etc.

A couple of good things about the June July rainfall is that strong winds are rare. Last time we had strong winds was in 2006. Last year it was very quiet throughout. In addition there won`t be any thunder or lightning. That occurs only in Oct Nov rains because the rain bearing clouds come from Tamil Nadu. Maybe there is some language issue between the clouds that originate in the West and those coming from the East. ...

Hey where is KK? His absence means the rally may continue I suppose!...