Wednesday, January 23, 2008
Some criticism for everyone in the stock markets
So people have lost again everything what they had and as always our markets are there to be blamed.Thats the easy way out for everyone and i am even witnessing slogans of quiting markets in some of the active stock communities.Guys please admit that its because of ur mistakes that u have lost.Were u not made aware that severe price erosions can be on the cards?were you not told that investing in companies which only exists on paper would always acts as timebombs?I am no one to blow my own trumphet but its the fact.Money making was the easiest thing and stock markets were child acts for that ,isnt it?Pan walas,dabba walas even highly qualified meritorious guys opted for stock markets instead of their profesions,business:Why?Because stock markets can only go one way and thats northwards.
Whats most astonishing is,people wre banking on whtver they felt,on question of why the scrip was bot it was answered like,"Charts are promising,Promoters are holding above 90% stake in the company,its going to be a multibagger,Mere sasur ne kaha hain ki ismey reliance ka koi histedar nibesh karne wala hain(my father in law recomended it coz some reliance partners or reliance guys are going to invest in it) etc.Ths is so weird,creepy bullshit stufs that has been going on on the markets and it ended very recently as u all are well aware.Folks u are only responsible for ur losses.I am not blaming one who invested in quality stocks but my hatration is with the persons who bot 3rd class stocks at ridiculious prices.Anyway wont sound much to make ur wounds cut more but my solace are there for all of u.Try to be a bit disciplined,always be aware of what u are buying,never trade if u havent got that mentality and always make ur mindset about what you are going to do.
Remember its a lesson for u ,market would again stabelize but memories would be there.Experience is superior to precipt and with the present stuffs it cant be better.Relax folks,chill,ur day wud again come and we all will be smiling,partnering u on ur smiles.
Regards,
ARUN
I can be reached at:arunanalyst@rediffmail.com
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