Nobody can stop or make an end to the stocks “moving”, but the question is always on the direction, at the end it surprises many. Market is the BOSS and boss is always right.
Never be regid to dictate the move either to upward or down ward, just respect it - you will be rewarded with profits.
The New Year of Indian stock market has closed with a thumps down move after 7 years on the eve of the celebration-“Happy Diwali”. The Indian stock market is left with more steam than any body could imagine. So, I personally suggested readers to go by stock specific rather than depending on the Index.
Markets have to fall to eliminate the weak hearts and the daydream manipulators. These two sections are always at the losing end at the end of the day because they place their money on weak fundamentally weak stocks but depend on momentum.
The strength of the market comes from the profits of adopted business models of the companies but not on their dripping margins. So never place your bets on the run-ups but on the sustainable earnings made by the good managements. The story is on and on but the identification of such companies…………….? Wait & watch.
Let the Indian Stock Market provide you a Happy and Prosperous New Year-2064
Saturday, November 10, 2007
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