General Trading Chat

Great depression and 2008? ,:D just Google u will learn what is great depression :D
Great depression ke baad this one was the great depression. This time things didn't turn ugly because central banks injected lots of liquidity else this time too it was quite bad. You can't compare two because its different era, booms and busts happen quickly and frequently. He was the one and the first to predict that this would happen. Kindly show some respect to the man, his understanding and learning's are way above than anyone of us time passing on this forum or for that matter pressitudes. End of discussion from my side.
 

TradeJoker

Well-Known Member
Great depression ke baad this one was the great depression. This time things didn't turn ugly because central banks injected lots of liquidity else this time too it was quite bad. You can't compare two because its different era, booms and busts happen quickly and frequently. He was the one and the first to predict that this would happen. Kindly show some respect to the man, his understanding and learning's are way above than anyone of us time passing on this forum or for that matter pressitudes. End of discussion from my side.
I respect everyone, cos I'm a common man, no need of any advice
 

Dax Devil

Well-Known Member
What prediction are you talking about ?? Did he ever predict index level ? He might have said that economy is showing early signs of improvement...but that is based on hard facts which RBI collects. Are we going to blame him for the market fall ?

I heard both RBI Gov and Finance Minister today on TV and they gave confidence that our economy is in much better position to handle the shocks of this world turmoil because of lower inflation, lower oil price, lower fiscal deficit and that is what they are supposed to say.. I dont expect them to say Buy at current levels...8500 is pakka in next 3 months or something similar. Retail investor is not in panic it is the leveraged trader/speculator who is holding the position against the trend who is in panic.

ST
Everyone against the current, be it investor or trader, gets panicky. Though the well capitalized ones can handle the panic better, but panic is there. To deny that would be a falsehood.
 

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