Monday, December 20, 2010

It’s Holiday season, Markets taking rest….

Subdued performance with a close pretty much flat. Technology is having a good time while most of the other sectors are resting. Month long uptrend continues with more strength in both Computer Software as well as Hardware Industry Indices. CMC gives a wonderful run today in continuation of its long term bullish trend. While many of the front runners stayed put.

HEROHONDA, made great moves today, but its chart very clearly shows indecision and market men shying away from this stock. This type of rocketing moves on both sides will finally end into a prolonged flatness. The overall 2 wheeler Industry in the star performer among all other industries at this moment, it has recorded 500% appreciation, in its value during the present Bull Run on the markets.

Telecom got pounded again with Telecom services industry being mired into controversies, which has spread its tentacles into the Media Industry too. Aren't we responsible for all these drama that has been going on in our country? We are, sure responsible for it. As a sincere citizen if we had done our duty rightly in selecting the people to rule us, we would not have these day light robberies coming to light. Exercise of our voting rights in the clear prudent way is the only way out of all these scandals and vandalisms.

The collective mind of the masses today is what is getting reflected in the governments and their body corporate world over. Is this what we are going to give our loving children as their parent's gift of life? In our thirst to materialism, we are destroying all the ethics and teaching our next generation what they should not witness. It's high time that we take note of the wrong doings not of others, but of our own self. If we are right and everyone makes it a habit, then the external world will be right. It is just a reflection of what our minds are.


 

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