Friday, December 15, 2006

exciting lah!

the indian stock markets have been really exciting (though they have always been so in the past 2-3 years) towards the end of last week and most importantly the first two days of this week. almost 1000 points fell in 3/4 trading sessions causing panic all around. what was more scary were the intraday falls of 500 to 600 points (eeeks!)on the BSE. however, as i (and a millions of others) expected (prayed infact!) the markets bounced back pretty smartly in the next few days and is on its recovery path. no doubt, millions(?!) of investors money would have eroded in the 3/4 days but i quickly managed to do some value buying at the lower levels and hopeful of handsome short term gains...wish me good luck ;-)

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