murthymsr said:
hi pankaj,
with all indicators going haywire, the need of the hour looks to be not TA, but FIIA (Foreign Investment & Indices Analysis)
can we outsmart them with our weak muscles?
murthymsr
Hi murthygaru
I understand its not all about money but a battle of mind. weak will get slaughtered.
Further it is also not a question of outsmarting them. They may be needed and does perform useful function i.e. price discovery in global perception.
did we ever imagine that one day sensex will be above ^dj?
As I understand for next 10 years at least sensex has no other way to go but up. The question is how to profit from it?Majority will never learn or else new set of newbies will join them.
The question must shift to the depth and bredth of market participation by public and better policy framework with little scope for manipulation and examplary punishments for corporate faruds.However , till now there is no hint of frauds as such.
We have that power to effect change and also demand chage for a better policy and regulatory framework. Only we , the people of India, don't exercise it.
Pankaj