Saturday, September 27, 2008

WEEKEND MUSINGS.

Still no package, but US markets did not collapse, surprisingly we did despite no bank failing here.Politics is taking the better of the deal , so be it, why rue on it as it will come , no one in US or anywhere wants a financial collapse. Coming back to our markets, well it seems everyone around is very fearful again and discussing low-lower-lowest and complete collapse in times ahead...so what should Investors who still hold portfolios do, one way is to get out by selling off completely..and go cash....???????or go short,what happens if markets reverse suddenly as can happen in bear markets , look heavenwards for guidence LOLZ.So what should one do practically speaking, remember not all are savvy FNO traders..
1.Knowing that we are at some bottoms( from 6357) right now, use maybe 30-35% capital on shares which you always desired to have but could not due to higher price..
2.Use the other 30-35% of the capital for that severe capitulation down day when prices go to crazy lows.
3.always keep some 25-30% for that fateful low after all systems collapse.(as projected by experts)
4. Dont overtrade, use your own funds..
5. ALWAYS REMAIN POSITIVE.That will keep you healthy too.

REMEMBER WARRENS/ GATES OF THE WORLD NEVER BECAME RICH BY BEING NEGATIVE.THEY THRIVED ON SOMETHING CALLED HOPE.
have a nice weekend..cheers

No comments: