As I write this, the Indian stock market is curing a lot of punters of their constipation by going up and down like a yo-yo. I'm watching the CNBC TV18 channel to find out what the wisest in the land prognosticate for the stock market. After all, it's money, honey.
Well, all that the nice lady with the lousy make-up is talking about is "sentiment". It is news to me that hardened capitalists like stock market traders can be sentimental, but apparently, that's what they are. I can almost imagine them sniffling and wiping away a tear as they contemplate the widow or orphan whose bread they have just snatched. Well they are very sentimental people. Sometimes, they send stock prices up, especially when they are sentimental and happy. At other times, they send stock prices down real fast, like now, when they are sentimental and scared. Hmmm.
I get the sneaky, but extremely heretical here in my office, feeling that the people on CNBC TV18 do not know anything about the market, which direction it is going, why it will do so, what clothes are in, why it is uncool to have 17 long strands of hair combed across a bald pate in a bid to appear unbald. Oh no, the CNBC TV 18 guys know everything. If only we could understand properly what they are trying to say, we would all be millionaires. This dude just told us that in his view, the stock market would oscillate in a band. What band would that be sir? A jazz band? The New York Philharmonic? The Naval Band? A rubber band?
And now, another bloke tells us to adopt a wait and watch policy. That was so deep. He must have really put hours of thought before he came up with that one.
I think I will apply to CNBC TV18 for a job. I am ugly. I have no dress sense. I am very good at talking without routing the content through the brain. I have an MBA, too. Am I overqualified?