So Nifty is knocking at 9000/– Historic moment indeed. Fantastic volatility, first the lows of 6800 during last Jan ’16 – Feb’ 16, Then it went to highs of 8800, after that, it again went down to 8000 due to demonetisation & Trump(On same day ) and after that, a straight forward bullish march to 9000/-
We at Shikhar capital were lucky enough to get these lows and highs correct even though we don’t speculate. But since we are low on capital we have to churn our portfolios to get some more juice. If capital allows we would love to keep our portfolio intact for years together.
““the holy grail of Silicon Valley entrepreneurs is the disruption of entire industries – because that’s where the big money is to be made”.
In the great tradition of revolutions swallowing their own, one high-skill group of workers to have suffered already is the members of IT departments.
(No wonder that the sitcom The IT Crowd is starting to seem as historical as Dad’s Army.) But they’re not alone. Since 2000, the number of financial workers on Wall Street has fallen by 50,000 – around a third – as high-frequency trading programmes complete 100,000 transactions in a 10th of second, while simultaneously seeking to mislead their electronic competitors. Now, according to Ford, “nearly any white-collar job that involves sitting in front of a computer manipulating information” is under threat.”