Proverbial Ostrich

The truth is that there is nothing I can add to the noise that is out there about the Euro crisis and the problems in the US. Nothing that I can say which is incisive and different. But then since when has such niceties stopped anybody from adding his two bits? There are however, two reasons I do not want to say anything about the Euro crisis. 1] is that I am lazy and do not want to tax my hands. 2] I want to behave like the proverbial Ostrich.... stick my head in the sand and hope the problem disappears just because I cannot see it.

Having done the sticking the head in the sand bit, I can only think of my nifty positions. I continue to remain short and will cut my short now if nifty trades above 4994. That is around 150 points away and will hopefully not get triggered.