Jai Prakash Associates net profit up 96% in Quater II
ZEE Q2 PAT up 84%
Polaris Software PAT up 89%
NIIT Q2 Net up 41%
Opto Circuits PAT up 100%

PTL ( Punjab Tractors Limited) Sales up 41%

These are from the Economic Times, Today.
Had it been 2007, I would have smiled.
But today, the overall sentiments are so bleak, we still have a bad day today.
Now, the Sensex is down 442 points to 10,241 and the Nifty fell 152 points to 3,082.

I have never had it so bad.
Good quality stocks, that gives dividen yields in the range of 5% to 10% are today trading at less than half the book value. Will the book value erode in the coming quarters? Won’t they be in a position to give dividends in the coming 12-18 months…

I have no Idea..
Are these attractive stocks?
By God they are?
Would it be wise to buy them?

This is a god given given opportunity, and this is the time when one should Ideally enter.
That is what the books say, and history too.

But these are no ordinary times, and the extent of the current crisis is still not known.
But damn… the stocks are so damn attractive.

Good time to enter they say!!!
But the collective sigh is..

YAWN!!!! But Where is the money!!!!!!

We forgot to sell.
We forgot to cut our losses.
And we have no money……….

No cash.. Only some useless portfolio…
What a time…..