Pause Plz...  

Posted by Ram in

I can still remember the picture that existed 6 months back, anyone and everyone i spoke to was predicting doomsday and was skeptical, apprehensive, disgusted with the markets and were not interested to really Invest or show any great Interest in it.


How things have changed!!!! Really cannot believe what I am seeing right now. Everyone i meet on the floor gives me 10 stocks to follow and all of them are really crazily positive about the markets now. Wow, I say to myself, Wat a transformation? When I was going around advocating people to Invest systematically and have confidence in the markets, I was given a cold stare.

Now when I go around advocating caution and asking people not to go overboard, (no prizes for guessing) I am being given the same cold stare again. Sensex has gained nearly 80% purely on back of sentiments ( global and local factors) without much of a change in the fundamentals. Penny stocks have started to rise again and that calls for caution.

I say this again, Markets look really promising from a long term point of view, however do remember that "A Rising Tide lifts All Boats" and only when the Tide receedes will people realize that they have got into a Sinking boat and by that time it will be all too late again.So Please hit the Pause Button and analyse ur portfolio and use this rally as an opportunity to exit the not so good businesses u own.

Happy Investing



This entry was posted on Friday, June 12, 2009 at 8:04 AM and is filed under . You can follow any responses to this entry through the comments feed .

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