Attempt in Collaborative Writing

I went short yesterday when Nifty went below 5147. Now true to form I have to find some reasons to rationalize this trade though the short position was taken on the basis of my original trading system (emphasis on original)

Actually why bother? All of us are aware of the negatives that abound in our world. So I will just write one word for each of the reasons and you can fill in the details yourself. This will help in two ways. It will save me the effort of typing and it will help you kill time. Can you think of another daily note writer who helps you so much?

1] Europe

2] Euro

3] Greece

4] Portugal

Just to let you know that I do not just look at the macro picture but also have my ear close to the ground in India, I give you some India specific reason

4] Fiscal deficit

5] Bad loans

6] Governance

7] Interest

8] Earnings

9] Costs

Wow. This one word reasons make a lot of sense. Depending on your own inclination you could fill out the reason and make it even grimmer than I intended to. For example reason number 7] Interest could be taken to mean High interest cost for corporates or Lack of Interest in the market for FIIs or retail investors or anything else you want depending on your own predilection. Or say number 8] Earnings could mean reduction in earnings of corporates or negative earnings or downgrade of earnings estimates by analysts. Whatever turns you on. You could thus add your own stuff to this note and make it a truly collaborative effort between us.

Finally, I have to go now but not before letting you know that I will cut my short positions and go long only above 5225. Until then I remain short. I hope this short position continues for some time now. I have no inclination to think of reasons to rationalise a long position!