hisah wrote:cnn wrote:hisah wrote:instinct wrote:the blood letting continues at the NSE.. when will it stop?
When that NSE20 4000 handle breaks down the losers boards will be having very nasty readings with the gains board having one or two stocks only!
People seem to have forgotten GFC's ulcers central when fear sentiment hits the max reading gauge with days of no stock gainers! Those may have been painful days but were great times to invest too.I got into BAT then ,today i enjoy over 30% dividend yield.Another opportunity is knocking although i doubt the GFC levels will present.
When S&P and Dow break some key levels, things will start rolling very fast! China is just a distraction. Stay focussed. You pulled those words right out of my mouth.It is very disigenuous of the US,UK,Europe et al to look at china as the cause of the turmoil while pretending to be the beacons of economic growth prototypes.
The chinese are being schooled in lesson 101 on the perils of market meddling.The other culprits are in the final class session and the consequences will be worse.Far much worse.
The main purpose of the stock market is to make fools of as many people as possible.