markets..! and Bihar...phew!

The markets did a complete downturn on the backs of a historic turnaround in the Bihar poll results.
Many of my clients and friends ask me where is it all headed?
I have a simple answer: there is no soothsayer who can predict where the market is headed. But we can draw on the wisdom of the last 25 years and at Blue Sky ( www.blueskygroup.in ) that is what we seek to share.The consolidation has started and we could see it all stop in the 5700 levels. Which means it is a good time to do the block transfer from the existing safe STPs to the equity - around 40% of the portfolio I would assume.
The Bihar poll result says that the' jaat paat 'of the poll has started to wean off - if only Nitish and his band of men dont lose sight and integrity midway. This could be a trendsetter for the rest of eastern India., I assume. Bengal needs to seriously pull up its socks. My learned friends on FB have written no less. I agree with them that it is time we got out of our reverie and the feeling of despondency and going out and telling people to start making the changes and demanding the changes.
On an advisory note , for the uninitiated - start the SIPs now! before it is too late.
The best age to start is when you ae in college and believe you me, you will not regret.
Anyways, so much for  today...signing off now!

Previews - from my forthcoming book - soon to be published , I hope!

Spent more than 25 years in the mnc bank world - learnt oh so much! It is during those times that I realised the bull in me - in a corporate china shop! therefore the smattering of these corporate cup-plates - oops couplets!

Truth of life –

“We make them cry who care for us,

We cry for them who never care for us and

We care for them who will never cry for us “ …….

Have said this before!

“A coconut tree bends in a storm (in the wind direction).

After many storms it just is a little bent at the trunk.

But still bears sweet coconuts.

It’s the soft papaya tree that stands ramrod straight and snaps in two in the storm and bears no more fruits.”

the first steps

why do some cry when they chop onions? and others dont? spending some long lost time in the kitchen at times make us wonder - what went wrong and what went right. Moral of the story is to spend more time in the kitchen!