Hi
The kind of huge gyrations that markets are showing is a definite sign of sickness. Normally such mood swings are associated with psychological instability and leads to drastic actions from individuals. They need care and counselling. Similarly, such swings , worldwide, leave alone sensex, indicates that uncertainty has builtup to such an extent that people want to cover their losses in double quick time and say goodbye to market till firm upmove is in place.
Anothe factor is that in downswing people don't enter the market for fear of loosing more.In upswing they enter irrespective of fundamentals for the fear of being let out of the party.
Investment is not gambling that we make 3 times or 10 time in three months time. You have to enter after proper study and thenwait for gains to accrue.
The metality to treat market as casino will lead to such gyrations. Treat it with respect it deserves.
Amitbe does not appear to be convinced. The global scenario is such that it does not warrant such optimism when changes are not even in place.
I tend to agree as common investor.
Those for long term should be in a position to see some downside to their portfolio before any move up. Risks are inherent factor of market and is minimised by diversifying, investing in sound stocks at proper valuations that you are comfortable with.
Market certainly need consolidation at these levels before it reflects growth story of India and not to run ahead of itself. Many have lost fortunes because they got attracted to market like fireflies due to leveraged positions and with the promises of overnight gains.I hope at least members would have learnt some lessons and invest or trade prudently with due diligence.
Pankaj
The kind of huge gyrations that markets are showing is a definite sign of sickness. Normally such mood swings are associated with psychological instability and leads to drastic actions from individuals. They need care and counselling. Similarly, such swings , worldwide, leave alone sensex, indicates that uncertainty has builtup to such an extent that people want to cover their losses in double quick time and say goodbye to market till firm upmove is in place.
Anothe factor is that in downswing people don't enter the market for fear of loosing more.In upswing they enter irrespective of fundamentals for the fear of being let out of the party.
Investment is not gambling that we make 3 times or 10 time in three months time. You have to enter after proper study and thenwait for gains to accrue.
The metality to treat market as casino will lead to such gyrations. Treat it with respect it deserves.
Amitbe does not appear to be convinced. The global scenario is such that it does not warrant such optimism when changes are not even in place.
I tend to agree as common investor.
Those for long term should be in a position to see some downside to their portfolio before any move up. Risks are inherent factor of market and is minimised by diversifying, investing in sound stocks at proper valuations that you are comfortable with.
Market certainly need consolidation at these levels before it reflects growth story of India and not to run ahead of itself. Many have lost fortunes because they got attracted to market like fireflies due to leveraged positions and with the promises of overnight gains.I hope at least members would have learnt some lessons and invest or trade prudently with due diligence.
Pankaj