Tuesday, October 28, 2008

What a pity!

I tuned in to CNBC TV18 this evening and what I saw was by far the most bizarre thing on TV. All news channels are having a gala time covering all the buzz related to markets. It being Diwali day and markets being open for just an hour and a half, one may think, "oh! so now how are these news channels gonna cater to their religious viewers"...I mean with nothing much happening in the markets, what are these folks gonna show their viewers after all! Tough question with an extremely simple answer...these jerks manage to get astrologers on their shows to actually tell us how "shani" n "mangal" are gonna affect our markets and when the good times would be back for all of us (investors and the ilk). Incredibly insane na!! Imagine a Bejan Daruwala telling you that April 2009 onwards markets would take a U-turn from their bearish behaviour at present...now give me one reason why I should believe him....he says that 2 of his predictions have come true; so does that give his predictions enough credibility? Yeah right!!

And hats off to these news channels for generating content in the absence of real content! They sure know how to keep the business going!

1 comment:

SreEn ! s[-] said...

Well..hmm...this one was interesting..!!It had all the emotions of someone for those who don't really like to indulge in Stocks..!!Well..frankly i too was one of those (mad behind stock market news) viewers..not because..I have Lakhs of money invested..but because of the kind of uncertainties and shocks the market has been for the past month..I bet..CNBC,Zee Business..etc..mst have crossed the TRP's of all the leading channels..!!
I guess..I too have become quiet bearish in terms of bearish i terms of Blogging...!![:(]