The Observation Engine

15th August is the day every year when India, the country with 1.2 billion people celebrates its Independence Day. Along with all these, Google also does a lil Doodle for us. This year its a "Google" text written on the Red Fort located in New Delhi. This day, our country became Independent. Many Twitter and Facebook users will change their Profile Pictures entirely to the Indian Flag or by adding a ribbon to their pics. This is the day dedicated to our Freedom Fighters and to the Army, Navy, Air Force who have always kept us secured and have lived and died for us. We cannot re-pay them back, its not a favor, its something that can't be done by everyone, only heroes can do it and those at the borders, are the real heroes. A Salute to all the Soldiers, Freedom Fighters and everyone who has saved our lives directly or indirectly. We owe them the Happiness, Support, Love and our Lives. Well, I wish everyone reading this entry and to everyone you know, A Happy Independenc...

It was certainly a NEWS when SnP downgraded the Rating of US from AAA to AA+. Something symbolizing like USA loosing its A. What is to be observed next is to see the effect of it on the other economies, specially the growing economies. India amongst them is already showing its reaction (-vely) since friday. Sensex has plunged for the 2 consecutive days. There is a selling pressure from the Institutional Investors or the FIIs which is creating panic. But its better to hold on the cliff and let the wind of uncertainty pass. In simpler terms I am going to HOLD ON my portfolio and will not give into the selling pressure. I would advise others to do the same. What I feel personally is that these are just the bubble effect which is going to subsidize very soon. Indian economy is strong enough and self-reliant to absorb the shock that is doing around the globe at the moment.