Everybody Says “Market Will Go Down”. Will Market Agree?
December 21, 2011
Everybody Says “Market Will Go Down”. Will Market Agree?
Greetings from Hitesh! Just watch any business channel, read news papers, web sites…..all are expecting doom at this time. Some are talking about 14000, some are talking about 13000 and most pessimists are talking about 11000.
I have following questions.
What has been Market behavior when all EXPERTS agreed about its movement in the past?
If at all market moves the way EXPERTS are telling…..Will You Benefit?
What should be your approach towards Investments?
Let us deal with each of them……
Market Behavior In The Past:-
From 1992 to till now……I have observed that market has not behaved as per the general expectations……if all says teji…market will surely go down and vice versa. Whether this time market will agree with them or not….only time can tell us.
Will You Benefit?
I know you are most interested in this question. But I have a bad news for you………you started the year with expectation of 22500…….when Sensex broke 16000….you are being told that market can go up to 14000 and now you are being told about 11000 !!
But let us see what you might have done till now?
I. You did not sell at the start of the year 2011.
II. You hold or bought more or did SIP…... market down by 24% till now.....and you are down by……????
III. Further down side from 15400 to 13000 is just 2400 ( 15%) points and for 11000 it is 4400 points (29%).
IV. You missed the biggest down side of 4600 points 20000 to 15400 (23%).
V. Ask yourself….Will you sell Now?
VI. How many times you have lost in the past by following media?
VII. Why are you not ready to learn from your experiences?
I have observed funny behavior when it comes to Normal investors…..they follow all media advises but not this one…. “Ask you’re your personal investment advisor before you invest”. Why you do not follow this one?
Right Approach:-
In life and in shares……you become successful or make money when you follow 3 simple steps…..
I. Expect the event before they happen (before EXPERTS can see!!)
II. Take appropriate action before the expected event happens.
III. Book profit when event happens.
Experiences with Hitesh Parikh:-
We follow the above rules…..we were categorical for 13000 index from the day one. We have followed proper strategy and we are very much happy now. We are preparing now for 2012-2014…..and you all know our target…..35000. (No expert is talking about it now…so 1st rule is in place)
My Personal Call:-
When you follow somebody….follow him in totality and follow him till you get your results…problem comes when you follow selectively as per your comfort levels. There is a saying…Old Habits Die Hard……if you can not stop following media……and if you want to follow them in totality…you will need personal investment advisor…..you can approach us……
We are open for subscription for 2012 to 2014……do not miss. Just write to us. We will come back to you.
Live With Passion…Invest With Passion.
Hitesh Parikh.
P/S:- Please visit our blog for previous emails.. http://bestofhiteshparikh.blogspot.com/
Everybody Says “Market Will Go Down”. Will Market Agree?
Greetings from Hitesh! Just watch any business channel, read news papers, web sites…..all are expecting doom at this time. Some are talking about 14000, some are talking about 13000 and most pessimists are talking about 11000.
I have following questions.
What has been Market behavior when all EXPERTS agreed about its movement in the past?
If at all market moves the way EXPERTS are telling…..Will You Benefit?
What should be your approach towards Investments?
Let us deal with each of them……
Market Behavior In The Past:-
From 1992 to till now……I have observed that market has not behaved as per the general expectations……if all says teji…market will surely go down and vice versa. Whether this time market will agree with them or not….only time can tell us.
Will You Benefit?
I know you are most interested in this question. But I have a bad news for you………you started the year with expectation of 22500…….when Sensex broke 16000….you are being told that market can go up to 14000 and now you are being told about 11000 !!
But let us see what you might have done till now?
I. You did not sell at the start of the year 2011.
II. You hold or bought more or did SIP…... market down by 24% till now.....and you are down by……????
III. Further down side from 15400 to 13000 is just 2400 ( 15%) points and for 11000 it is 4400 points (29%).
IV. You missed the biggest down side of 4600 points 20000 to 15400 (23%).
V. Ask yourself….Will you sell Now?
VI. How many times you have lost in the past by following media?
VII. Why are you not ready to learn from your experiences?
I have observed funny behavior when it comes to Normal investors…..they follow all media advises but not this one…. “Ask you’re your personal investment advisor before you invest”. Why you do not follow this one?
Right Approach:-
In life and in shares……you become successful or make money when you follow 3 simple steps…..
I. Expect the event before they happen (before EXPERTS can see!!)
II. Take appropriate action before the expected event happens.
III. Book profit when event happens.
Experiences with Hitesh Parikh:-
We follow the above rules…..we were categorical for 13000 index from the day one. We have followed proper strategy and we are very much happy now. We are preparing now for 2012-2014…..and you all know our target…..35000. (No expert is talking about it now…so 1st rule is in place)
My Personal Call:-
When you follow somebody….follow him in totality and follow him till you get your results…problem comes when you follow selectively as per your comfort levels. There is a saying…Old Habits Die Hard……if you can not stop following media……and if you want to follow them in totality…you will need personal investment advisor…..you can approach us……
We are open for subscription for 2012 to 2014……do not miss. Just write to us. We will come back to you.
Live With Passion…Invest With Passion.
Hitesh Parikh.
P/S:- Please visit our blog for previous emails.. http://bestofhiteshparikh.blogspot.com/
Comments
Post a Comment