Insects have a really simple life, no euphoria in a booming economy and no worries in recession! Some environment experts claim that insects population will grow multifold as a result of global warming. So it is likely to be boom time for butterflies - that is why they say that every cloud has a silver lining!11 January 2009
Poised for Take-off ?
Insects have a really simple life, no euphoria in a booming economy and no worries in recession! Some environment experts claim that insects population will grow multifold as a result of global warming. So it is likely to be boom time for butterflies - that is why they say that every cloud has a silver lining!
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wowwww..... nice snap. :)
ReplyDeletebutterflies or butlerflies,who cares,just enjoy the beauty of nature in all its bounty...LOLLOLLOLL
Thank you jaggubhai!
ReplyDeletelovely :)
ReplyDeletelong time since u graced this blog jaggu-man
Thanx Uma!
ReplyDeleteuma,
ReplyDeletenot graced this blog???...
i am secret admirer of this blog for long time...chori chori chupke i visit here...
i saw something very beautiful... tats y i came out from hiding..LOLL
since last 4 days no water supply in Pune, so we're getting tankers.
ReplyDeleteIf I didn't have a broadband I woulda moved to Sikkim by now. Lovely place, gorgeous views of Himalayas, honest people, and cute cybercafes all over.
rm: my neck is going to keep me off for a long time...it's horrible sometimes I feel it's gonna break off....
ReplyDeleteUma:
ReplyDeleteSorry to know about your neck. It might be due to working for long hours on the pc. Have you consulted an orthopaedist? Normally they advise the correct posture for working and after some rest period a few neck exercises.
Get well soon and please avoid sitting on the laptop for too long at a stretch.
have a gr8 weekend
ReplyDeleteThanx!
ReplyDeleteI hope you didn't get too excited about downloading the statements...it's not good for the heart...
ReplyDeleteUma:
ReplyDeleteThanks for your compassion! I checked my heart after reading your comment and found that it was still beating! I am now ready to write an article on how printing contract notes has not been found injurious to health in a recent study ;-)
yes, most participants of that study survived only because the icici server crashed after 35.5 pages had been printed.
ReplyDeletethe half-printed 36th page can currently be viewed at the Medico-Legal Institute of modern art.
ReplyDeleteAnyone who is bullish in current scenario would say that ICICI server gave some 6 minutes of extra life to its clients (calculated for those who have printers with 10 second per page speed) by its willingness to print those 35.5 pages!
ReplyDeleterm, looks like some near-term rally in the offing
ReplyDeleteWhat's worth noting is that even with Nifty level more or less sagging, the Reliance game carries on. And that's the whole plan...to keep one counter bullish so that the bullish participation (and bear covering) builds the momentum.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteUma:
ReplyDeleteYes, so it seems. But it is difficult to make money because the whipsaws are so sharp that at least in Nifty no strategy works. Reliance could be a different story.
rm u got any positions in market?
ReplyDeleteonly dead positions! Some cheap options which are expiring worthless as they often do.
ReplyDeletedarn!
ReplyDeleteno wonder u're always thinking of becoming an options writer
ReplyDeleteHa Ha! Actually I don't mind loosing money on puts because that is their purpose.
ReplyDeleterm...what was the YEAR 2012 put options you were talking about? Even the YEAR 2010 PE 3000 went for around 500 bucks...
ReplyDeletehttp://www.nseindia.com/marketinfo/fo/foquote_printer.jsp?key=OPTIDXNIFTY30DEC2010PE3000.0029JAN2009&symbol=NIFTY&flag=1
All I can say that the one who bought year 2100 PE for 500 is even more bearish ;-)
ReplyDeletehttp://www.nse-india.com/marketinfo/fo/foquote_printer.jsp?key=OPTIDXNIFTY28JUN2012CE3000.0029JAN2009&symbol=NIFTY&flag=1
did you realize that you mentioned the year but not the strike? that's why I say don't write options ;D
ReplyDeleteLOL. I hope i'll remember that when i begin writing options!
ReplyDeleteyou better! One more thing....if you write an option for many years later, I wonder if you broker will let you close your account and/or withdraw the risk capital to cover that risk for that many years...I'm not sure about the implications.
ReplyDeleteunless of course you buy it back when you need to close the account or withdraw your margin....but if it's deep in money by then, it might not even be available for you to buy back.
ReplyDeleteYou are one hundred percent right Uma (as always!), the implication of writing options is just like trading in futures. One has to keep margin in the account. Only difference is that in case of futures the MTM applies from day-1 whereas in options MTM comes into the picture only after the underlying crosses the threshold which is calculated by using complex formulaes.
ReplyDeleteWriting long term options would indeed mean locking up the capital and they are not very liquid either!
"100% right as always" -> errrr....ahem....hummm.... *better to be quiet about this*
ReplyDeleteI came to tell you that the conditions for merger have been gladly accepted by concerned party. And kindly keep it confidential.
hee hee :)
Congrats on this corporate merger ;-)
ReplyDeleteThis comment has been removed by the author.
ReplyDeleterm, made a decent buck with my positions lately....I logged on again and re-entered educomp short...
ReplyDeletepaid off 333 on 5 shares,
also sold reliance finally 1310, my golden 4 shares held since 1110...
I was very tempted to buy PA 1200 in reliance as bears now seem to be getting a grip in this counter. But ya know how it is...I never trade my own tips ;D
rofl...just kiddin
Good to see that operators are being looted ;-)
ReplyDeleteyou can bet on it rm! small positions tend to work for me. For instance...on the day when I made 1451 off educomp, it had hit my stop loss but I revised it higher by 15 bucks...with a future that would be impossible to do. But small qtys are easy to handle, and payoff is good
ReplyDeletesmall is beautiful ;-)
ReplyDeletewarning...folks, close your ICICIBank account right now. They froze 55,997 from my mum's account with no explanation and on Internet I found that they are issuing credit cards without authorization, then charging the cards for some inane insurance policy of theirs and freezing large sums from the bank account. Many such letters are online, do a search. I called someone from Ludhiana who fought for his money for 2 years and had to serve a legal notice to icicibank....I asked him if I could use his legal notice so I can customize it and send it!
ReplyDeleterm, happy valentine's day!
ReplyDeleteThank you Uma! And wishing you the same - please forgive the delay, I try to take off from net on saturdays and sundays.
ReplyDeleteMy earliest awareness of valentine's day came from reading Dicken's "Pickwick Papers". Sam Weller, who was Mr Pickwick's vallet wrote a love-letter to his fiancee and signed it in the name of Pickwick - the result was hilarious as was the whole novel.
Oh yes, I had that! as a teen...in fact I have managed to forget everything now :) that might be because I understood very little of it or maybe I just bought it and hardly read it lol.
ReplyDeletemy fave Dickens work is Tale of Two Cities, cause of my interest in history at the time. And the one that bored me most even as a kid...Charlie and the chocolate factory. I watched the movie and it was worse.
Tale of Two Cities was my favourite too. I read it many times, but then I used to read most of the books again and again. I made two round of even Pickwick Papers! But the language of Charles Dickens was really very convoluted, I guess that was the 'done thing' those days. Thomas Hardy took a couple of pages just to describe somebody progressing a few furlongs in 'Tess of the D'urbervilles'!
ReplyDeletemy mum used to talk of her Marathi literature books in the same manner...the formula it seems was to make it as tragic, repetitive, arcane and pitiful as possible.
ReplyDeletebottomline: the newly emerging intelligensia (or whatever it's spelled) they needed such books to feed their ego and separate them from farmers and factory workers.
I guess people loved hardship and sorrow (so far that it struck others!) All religions also put hardships and sorrow on a high pedestal. It was considered a sin to be happy so these authors drew such a hellish view - Thomas Hardy was a specialist. He reached the climax in 'Jude the Obscure'.
ReplyDeletehell yah! You hit the nail on the head. Suffering was the only source of fun in those days ;)
ReplyDeletepost that pic of hail in your lawn on this blog.
ReplyDelete