The Markets ahead is quite scary. I can see the stress here live in the Trading floor. This is when any complex Technical analysis and neural network forecasting fails. Leave Futures market for now just take FTSE 100 the market today wipped 10 years profit in just a matter of a week. From my perspective though i have lost quite a bit of money (Unimaginably huge - Dont ask me how much even if i say i would probably say half of what i lost -pretty stressed, but it is just money) i am confident this is best phase to be in to learn how the markets can be. It teaches you emotional control and diciplines you for future trading. Obviously every looser tries to take the hit in the positive sense like me ha ha ha ha. Fed's 75 basis point rate cut does not seem to help anyone markets still going down. Till when will it continue ?Comments welcome.
Indian Market is not supposed to behave this way? no underlyign factor indicating such a fall apart from U.S market. Indian Banks are not the ones affected by credit crunch.
Tuesday, 22 January 2008
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