THE PARTING GIFT

The computer service boys have just left reformatting the box,it’s the damned virus they consoled me,now go and attack your unfortunate fans,they reassured.but how to attack without ammunition ,I,pondered.its raining cats and dogs outside in the midst of March,can you believe it.It’s ‘ kalikalam’ my mother would have exclaimed ,but my wife says ‘global warming’.and when I asked what that meant ,prompt came the reply ‘any thing unexpected as reported in the press’ and I was impressed.the NDTV had claimed a depression in the Bay of Bengal. So this depression not only attacks me but also the great oceans and even the economy,the Great Depression they call it now it’s the turn of the stock markets.
Coming to the markets the 1’st slide started on Jan 13th when the grand old man ceased to exist also coinciding was the Reliance Power nonsense issue, Even after his third maseeyam[the third monthly function ] there is no respite.When I asked Him during his first visit itself[1,st maseeyam after the feast’] regarding the bourses,he burped violently and sporting a satirical smile he disappeared collecting his dakshinas.I just cannot tolerate his smiles during his subsequent visits as well,it was as if ‘haven’t I had the last laugh giving you the shares I had so lovingly cherished accumulating and never wanted to part with’.But how could the F I I s flee at his sight.
But this has happened before also.Yes it was 1998 and my house was in the last stages of completion and the contractor came in the last moment and demanded RS.2 laks even after I had settled his final bill begging and even stealing and was in the final stages of bankruptcy.The house warming ceremony had already been tentatively fixed and I was in a fix. Drawing all the courage I rushed to cochin and surrendered to the grand old man ,my ultimate reserve bank.After scolding me right and left he took pity and handed me shares worth 2 lacs,but reminded me sternly that it was a loan only and had to be repaid within an year.I felt so elated and wanted to kiss him but his stare hurried me back to ottapalam by the Tea garden express at 9.30 pm.After I reached my home by about 1.30 midnight slept well after a long time.It was in the morning that my pattamahishi woke me up from my wild dreams to announce the great news that The Buddhha has farted and Vajpayee had shown the world that India can fart as well from the Pokran resulting in the market nose diving to new depths .In a nut shell I couldn’t sell those shares and later returned it to him..so my hunch is that it is not the American mortgage crisis or the recession but the Pretha crisis.
I am not an economist and won’t be able to give a lecture on inflation,recession G D P ,or market economy or the merits of opening the economy to the FII S or the New East India Co,coming to colonise our land. But I have the common sense to know that money cannot disappear over night. The gold production or oil production has not come to a stand still nor the printing of dollars.The economy in India is going great guns and if there is recession in America or a few trillion dollars are lost by the American banks then we normally expect the Fii s to flock back to India,.Now instead of nations colonizing the under developed countries directly by army.it is the money power being utilized to colonise us and the FIIs and the hedge funds who are indulging in day light robbery and fleeing. Previously it was our own big brokerage firms which did it to us and now it’s the turn of FIIs. Long back we could fight for our independence by violence or non violence,but how to fight the unknown enemy? So what I feel is that it is purely scare tactics by the FIIS to beat down the markets and return back to make fast money making us fools,and our mutual funds are playing in to their hands.Have I turned a leftist atlast!
Is Kannan’s money being used to finance the war in Iraq or in the American elections.?I have my own doubts .I have made up my mind atlast.Iam going to get out of the market fast, as fast as the Americans from Iraq or Vietnam . I will first invest all my money in the markets and once the index bounce back to the 25 or 30 ks by 2020 I will flee like the Fiis .Will any of the banks finance me in this regard,since I am a bankrupt already. I will have to first discuss my strategy with the grand old man during his 4th maseeyam and return back all his treasured shares first!.