Friday, June 29, 2007

Markets are Human!

Exuberance in the markets is a characteristic of a "crowd" which is trying to get ahead in a traffic jam, hence worsening the jam. There is a lack of calm and clarity in thought; just a mad rush.

To err is human! Unfortunately, markets are in the error mode for a long period of time, causing valuations of asset classes to be blown out of proportion.

Thursday, June 28, 2007

An investment banker!

Oh! There she stands,
In midst of chaos and grands,
People Loathing her,
People Teasing her.

Tough situations,
No jubilations,

She is what she is,
A mystery, yet to unfold,
A story still untold,
Letter still unread,
Inquisitive still unfed.

U wish she embody into thee,
Don't dare envy her,
She's an investment banker.
--------- Originally written by THE PUISSANT for someone else, but the variant appears above.

Tuesday, June 26, 2007

The Fibonacci wonder!













Currently quoting above USD 646/troy ounce, breach of USD 646/troy ounce could cause gold futures to hit USD 641/troy ounce and USD 636/troy ounce.

We can expect good physical buying at USD 630/troy ounce.

What homo sapiens can do?

Dreams need People,

Like People need Dreams,

Visions need somebody to make them real it seems,

World is a canvas,

Man has the power to paint a picture of his kind.


------- Anonymous.