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 your mistakes that you have lost.Were you 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 were banking on whatver they felt,on question of why the scrip was bought 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.This is so weird,creepy bullshit stuff that has been going on on the markets and it ended very recently as u all are well aware.Folks you are only responsible for your losses.I am not blaming one who invested in quality stocks but my hatration is with the persons who opted for 3rd class stocks at ridiculious prices.Anyway wont sound much to make your wounds cut more but my solace are there for all of you.Try to be a bit disciplined,always be aware of what you are buying,never trade if you havent got that mentality and always make your mindset about what you are going to do.
Remember its a lesson for you ,market would again stabelize but memories would be there.Experience is superior to precipt and with the present stuff it cant be better.Relax folks,chill,your day would again come and we all will be smiling,partnering you on your smiles.
Regards,
ARUN
I can be reached at:-arunanalyst@rediffmail.com
Sunday, September 21, 2008
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