Curiously enough, vix has risen 20%... but people around me are still seeing this as a buying opportunity rather than fear of further fall... contradictory indications... dekhte hai kya hota hai...
Perhaps .... all the contradictions are due to inability to decide oneself in the role of trader/investor/both. And in case of both how to juggle the roles.
For traders there seems easy shorts .... PayTM on first two days of listing was easy short, then indices in these kind of days as today are easy shorts.
But many people I know are using trading profits (shorts) to buy the dip in quality stocks in small amounts bit by bit for their long term portfolio.
I don't really trade much (I am a bad trader) but I used my cash to add small amounts of Bajaj Finance, DMart, Infoedge, Godrej Properties, Pidlites, Polycab, Asian Paints, TCS, Titan, Abott. I don't buy in one go. I buy bit by bit. More fall in future will be further opportunity to add.
Nobody knows when market will bottom or Top. So why bother predicting it.