Whats going on ?
Can you answer this simple but important question ?
Companies announce good results , there shares falls . GDP estimates are downgraded , markets move up . Textile and Real estate sectors are planning to cut jobs heavily and are under immense pressure , there shares move up .
Markets are moving in different direction of what they should move . Why is it happening ? Markets have become gambling place these days . Rather than moving the expected way , its moving differently and with high volatility now ..
6:00 PM , 11 Nov : Yesterday people were talking of a start of new bull market , but today markets went down by 6.66% and now the trend is confirmed as Down again .
General motors is almost bankrupt , No sector looks good currently . Markets around the world have not yet seen there lowest point .
Nifty can now touch 1800 . We can be back to the levels of year 2002 .
Is it a good news ?
For people who never entered Stock markets, it is a great news .
But people who invested in Mutual funds (like me) .. they will feel the heat of this .
People who invested in mutual funds and Equities heavily and cant take a further big loss , please hedge it using Put options . Read :
http://finance-and-investing.blogspot.com/2008/09/risk-management-of-portfolio-using.html
Lets see whats in the store next !!
{ 1 comment… read it below or add one }
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