Vikram’s new Diwali

We live in an age that’s called Vikram. Meaning one that has a strong stride or momentum. The stock markets certainly looked like that leading into the onset of Samvat 2067, the Hindu new year that befell most parts of India this Diwali. Astrologers, who are in demand during such auspicious times dole out their forecasts busily. Actually, astrologers are quite active in India during other times as well. They can predict market movements as well. There are intra-day prophecies, NIFTY vedic tips, astrological commodity futures, currency trading, etc. ‘Astrotraders’ idolise W. D. Gann and perhaps follow his theories. I read an astro forecast of the market technicals just before typing this post and the head reeled!

The head had reeled in a similar way during previous Diwali owing to the incessant din of firecrackers in the area where I (also) stay in Bombay. This year, suprisingly was quite sedate in comparision. Is that an indicator? I know not. Many people I know logged in during the special one hour Muhurat trading window that remains open on this holiday and did some token trades. Many traders in India believe that if the one hour Muhurat trading closes positive, then the year ahead is going to be gainful. That certainly seems to be a popular indicator. The intra-hour chart of this year’s Muhurat trading is above – please draw out your conclusions and your chequebooks accordingly!

I am sure many Muhurat eyes must have travelled to the fireworks on the Coal India Limited counter. It had listed a day before Diwali and as I and everyone else expected, the listing was a bang. I winged out with a 40% gain in 15 days. As I had written in a previous post, I had expected to make a modest 15% which was easily surpassed. It was money on the table really – like the time when the Ambanis had decided to split up and create listed baby Reliances for some serious value unlocking. Except that in case of reasonably priced, popular and monopolistic businesses, the bang for the buck comes in double quick time. On my part I continued to stare at Gitanjali Gems chart and given the festive spirit could not resist putting up the two images above – one is the price chart of GG and the other is the trajectory of a Diwali rocket. Which is which?

I did not put in any trades nor did I unwind any – just skimmed and glossed over the tickers and then sat down for Laxmi (Goddess of wealth a la Copia-the Roman & Renenet-the Egyptian ) Puja. To many, such astrological prognostications may seem utter madness. I, on my part certainly do believe in astrology but not in its predictive powers about the collective writ of humanity (and even some machines) that is the market. But then a few days after Diwali, I read somewhere that Leos would benefit the most this year if they wore yellow (which I did by chance) and faced north during Laxmi Puja (I faced east). So, if I go by that then I will remain flat this year? 🙂

Here’s wishing you a very profitable trading year ahead. More importantly, here’s wishing you that you increase your knowledge and learn many new things about investing/trading this year. That’s key to making money, I feel.

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Another Year, Another Story

Just completed yet another revolution around the Sun today at 4:15 PM precisely. 35 full circles! 35 laps done and no pit stop yet. No sign of the chequered flag either. And yet my head is not spinning. I look the Sun straight in the eye, since He is my ruling planet. In fact, it was quite a good omen for the Sun to have burst into flames 4 days back and sent in a massive shower towards Earth.

Moving from astronomy to astrology, this is a rare moment in time when this day for me appears to be so close to a new moon. It will only be after a couple of decades that I will be able to experience this rare alingment again. Gulp! Astrology and I? I hate to admit it but I can be quite wussy sometimes!

Multiples of 5 are spooky milestones. It’s like completing a level in some video game – you feel a sense of accomplishment while bracing yourself knowing that you’ll be meeting more ogres, evil vamps and monsters in the next level. I’m going crazy thinking that the next level will take me to 40! Fuck. How embarassing. In a dastardly attempt towards self delusion, I mailed myself this birthday greeting card! I was elated when it came through. 🙂

The best gift definitely came in  the form of news that my daughter has moved up from the city round and made it to the state round of a spelling bee competition.

Finally, to brace myself for the oncoming mutants, zombies, aliens, et al, I guess I will have to do some (if not all) of the following:

 

– Gift myself more time. This is damn easy for a lion! I put a mental tick here even before I finished typing this sentence.

– Get trimmer and fitter. Health according to me is not wealth, but is important nevertheless. I seem to have neglected myself in the past year and the effect is showing. 🙂 I have joked many times that my weight always increases faster than my salary. But now I am serious. The new order of the rates of change is: Inflation > My weight > My salary. The future order should be My Salary > Inflation > My weight

Btw, there is a trick that most fashion/film photographers employ when shooting guys – ask the subject to stand akimbo and twist his torso 30 – 45 degrees. Take the shot from the side. Voila! You get a perfect V. Vain guy readers, try it the next time you negotiate your bathroom mirror. If you are a perfectionist then place your fist – the one which is on the camera’s right – near your trouser pocket as if poised to remove your car keys or something. Tightly spasm your other arm as if paralysed and you’re done. Just dont grimace the way John Abraham did when he was trying to hold up his beach shorts. But I digress. In my next post I will be talking a lot more about the male body, so hold on to your beach shorts till then.

– In the past, most privileged years of my being around, I have largely taken, taken, taken from the environment. Maybe I should start thinking about giving for a change. To myself 🙂

– Figure out the answer to the question about investing that has always vexed me. By the time I come back around to complete yet another revolution around the Sun, I hope to be in a better position to know when to sell!

– Pay more attention to sonny boy. Had sat down and taught and read books with the daughter a lot but could not do so with the brat since work had exploded around the time he burst onto the scene. Thankfully, he is picking up things on his own from his sis, so I’ve sheepishly escaped! There is a pending project with him re “traffic lights” – a small scale model of a city, with roads, houses, traffic lights, petrol pumps and lots of lots of cars plying the roads – that I was to do with him last year. Hope to do it this year. Will post pics if anyone cares to watch, but won’t use Lego bricks since so many Lego bricks will turn out to be expensive. We’ll do Thermocol.

Read at least 12 books this year. Books that are unrelated to my profession. I rarely read fiction these days.

Do not read Atlas Shrugged this year! Have read it 5 – 6 times already and I think that has been one of my problems. 🙂

Stop idolising Jesse Livermore.

– Target to increase the monthly views to The Third I by 30% by end of my next turn around the Sun.

Stop paying people money to visit my website! There, I said it. Beware, some of you readers – the taxman cometh.

360 degrees to cover. 10 commandments to live by.

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