People start finding reasons for fall when market has fallen a lot , and find reason for rise when market has risen a lot, while a real investor does the opposite.
People use Trading "Skills" while investing and Investing "Skills" while Trading. its really makes me sad. :(
Why do people want to ask "Have we hit bottom??? Can we make new high???" even when it will not atall make a difference if the "Market" i.e few basket of stocks take a index to new high or new lows,to a general portfolio.
All want to find a reason to blame for the market fall and as soon as market starts to rise , no one wants to even talk about the same reason "due to which the market was falling" as per them.
Eg:- Crude was around $90-$102 around the small correction around Jan-March 2011, The whole world was saying CRUDE !!!! CRUDE !!! CRUDE !!!! $100 !!! $100 !!! $100 !!! , and when market started to rise, no one is talking about crude at all , even when its currently at $113 and was rising continously from Jan 2011, and is still rising.
I am 100% confident that in the next 3-4 months you will read/hear/see people talking only 2 things = Crude and Inflation. while the market will do what it has to do, people will do what they have to do i.e talk what is obviously know to the whole world and will blame "XYZ" for the fall. but wont even learn from the mistake or try to understand the market.
(extremely sorry for the above post, but I wanted to take out my anger somewhere, Mods can delete if they find any wrong in it)
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