Thank GOD.......at least today,markets are taking the breather from crashing. Nikkei, Hand Sang and now even FTSE, DAX are soaring today. Good for India.....Mahurat trading should end with a green tick....hopefully !! Regards, RightMan
FTSE is up by as much as 4%+ and DAX is in the green by 8%. Even American market futures are showing an up-tick of more than 4% !!! Hopefully, a better day today...and even tomorrow !! Regards, RightMan
We want the global stock markets to gain momentum in a sustained manner over a period of time and not "one inch up today" and "one foot down tomorrow"... It takes time to stabilize but when?
I think this is a bear rally, it is sure to fall down another 20% before it tests the bottom and then it will consolidate for 12 odd months. Its only after that, that we would be able to see a bull run again
But I wonder just for how long.... A small news update towards the negative side is enough to rattle the whole market and collapse everything as what we've seen last week.
The financial markets world over has seen a good last week.....after a long time. What remains to be seen now is.....Will we see a small breather to the down and there after resume the uptrend....OR ....is the party over for good? Regards, RightMan
When the markets go down that's good news because its time to buy, never to sell. If you are invested in 401K or other long-term accounts then you shouldn't be worried about what the markets will so in the sort run. Just don't do anything and your accounts will be ok.
Yes Ancient Dragon......What you say is true....but only for Buy-n-hold type of investors...... Its a completely different ball game for day-traders who strive to be on the right side of the flow....every single day !!! Regards, RightMan
Stuckmarket.......lol... These days, many are badly stuck in stock market... Now....that a correction has started, we need to wait and see...whether it can form a higher bottom than the October one.... Chances of an uptrend resuming is high...at least at the moment....(keeping fingers crossed) Regards, RightMan
Yes it happen when people selling stocks because of taking profit and I think market will further go down tomorrow too. But now we might see some stability in market.
The worldwide stock markets are riding the rollercoaster recently... Sometime it spike high, while most of the days it dropping like S**t!