long rupee

i think yesterday (Monday) i was down like 50% or something along those ridiculous lines, all time low balance, "boo-hoo poor you", and all that. . .

not sure though as i was searching for a hotel in Mumbai most of the morning. the hotels are either 7 bucks or $500 a night. i would fall into the $7 bracket, but it didn't stop me spending several hours trying to arbitrage into the Taj Mahal, unsuccessfully.

anywho, came back today (NAS +89) and am down like 10-15% which is negligible in options. not caring too much though as i'm full on into this India trip, and still mostly bullish through the holidays. and yesterday, i did buy CROX March 50s @ 4.3 -why not. . . ????

read this great book a few months back, The 4 Hour Workweek by Tim Ferris -just had a write-up in the sunday NYTimes -good stuff. i'll be testing his theories big time the next few months. i'll be volunteering, yes, but my only money making (or losing) operations will come from trading, and i plan on spending maybe 4 hours total on it. that's 4 hours in 4 months. that'll be a new book -the 15 minute work week.

and that trading may, to a certain extent, determine the length of my trip.

actually though, just last minute, the rep from kiva.org contacted me. they do micro-loans a la Muhammad Yunis. anyway, they may need a rep in Delhi, so we shall see. . .

still, ideally, tomorrow before i leave, i'd like to go a few months further out in my calls, i.e MAR's for JAN's, but the market likely isn't on my travel schedule, so we'll see what it gives me (besides the usual beating).

om namah shivaya!

-yt