How else can they lure new bakras into the stock market?? If they tell the truth to the general public that 60% of the market is down and out, who will invest in the market? Index management karo aur logon ko Ch****** banoa. Also, I hear several people asking "Yaar market roz upar upar jata hai par mera Mutual fund ka value neeche hai".
I go through numerous stock charts everyday and looking at them I often wonder from where Nifty gets so much juice from. Rest of the market looks dead. Obviously bhai, Kuch gad bad zaroor hai. Kuch dhamka hone wala hai!.
Edit: I have always felt that they should have an Index (not sure how to compute it) which will consider all the gains and losses of all stocks traded and reflect a wholesome picture of the market.
Edit 2: Or maybe this is a part of the "slow, painful & prolonged" correction that we've discussed many times in the past. Maybe this how it works... that the weaker ones have already started to bite the dust. Eventually, the rest of them who are bouncing and making new highs begin to correct substantially leading to a wide spread contagion. If you see some Mid caps/small caps.. they are trading well below 2008 lows. And it appears that the pain in many of them are not yet over. As I type this, my thoughts go out to all those people who entered mutual fund for the first time at high of the market an are seeing negative returns. Those who bought mid/small caps right on top. I think these people will never want to come back to the market again.
I go through numerous stock charts everyday and looking at them I often wonder from where Nifty gets so much juice from. Rest of the market looks dead. Obviously bhai, Kuch gad bad zaroor hai. Kuch dhamka hone wala hai!.
Edit: I have always felt that they should have an Index (not sure how to compute it) which will consider all the gains and losses of all stocks traded and reflect a wholesome picture of the market.
Edit 2: Or maybe this is a part of the "slow, painful & prolonged" correction that we've discussed many times in the past. Maybe this how it works... that the weaker ones have already started to bite the dust. Eventually, the rest of them who are bouncing and making new highs begin to correct substantially leading to a wide spread contagion. If you see some Mid caps/small caps.. they are trading well below 2008 lows. And it appears that the pain in many of them are not yet over. As I type this, my thoughts go out to all those people who entered mutual fund for the first time at high of the market an are seeing negative returns. Those who bought mid/small caps right on top. I think these people will never want to come back to the market again.
Again at all time high. (based on true story of the author... )
