Stock Market Debate
To lick your wounds is not to be taken literally vinay!
Since u mentioned that all and sundry are predicting doom and gloom and that a killing can be made if one goes short i presumed that you too may consider that option hence just cautioned you. My frame of mind whether browsing posts on a forum or otherwise is perfectly fine.
Markets may not fall too much is just a personal opinion. One needs divine vision to be a hundred percent sure which i dont possess!!!Stocks should be seen as a means of wealth creation and this kill or be killed attitude/trading with stop losses is fine if it works for you, but my comments are aimed more at long term investors.
Regarding the 'All the empty talk about peaks/bottoms, grow up, put ur foot where ur mouth is(whatever that means) all I can say is hope you have a pleasant jouney with stocks!!
Regarding Shridhar just warning the forum members about impending increases is very different from SOMEONE SPECULATING on whether prices of A/V gear will go up/down. Try and interpret it correctly and in a "better frame of mind" as u put it.
My rack has not come from the UK as the one i had short listed was about 26kgs(carton and all) and would have been difficult for my wife to manage, so am in the process of making one.
Best regards
Dear Dinyaar,
Good Evening.
I hope I could see the frame of mind being fine, i spoke about your frame of mind because about the wounds which you are talking about they just do not exist other then the mind's imagination, literally speaking?
For licking, in the first place there has to be wounds, where did you see it, or did you see some milk, which the cat was licking, and you assumed that those were wounds, let us not forget that naturally when we talk about licking, animals do come around. One can surely use other words which are not reserved for animals.
About the market, rise and fall, I have answered at length, to sum it up empty utensils make more noise, there is nothing more to add but by the way there was quit a silence when the market starting falling from 21,000 from that time many of them are saying that it will not fall further, and now it is say 13,000 and still they are with the same story, it will not fall further, one need's to get up, open their eyes, and live with the market wave, and stop drinking their wounds.
The Divine vision which you are talking about, no one has the same, don't tell me that you were assuming that I knew that you are having hundred per cent Divine knowledge, the problem is with the guys who are holding stocks, and are not letting it go in the form of losses, because they do not have the guts to face the reality, there is not more than 5% in the market here to invest, all are here to make money, so if the stock price goes against you in a big way, what one is holding a vegetable in an intensive care unit or should I say in your respective terms that they are drinking their wounds or licking?
There is nothing like a long term investor, if one has invested in some stocks, say around 2 years ago, and today he stand to loose around 60% of his capital, so what would have been better to live by the stop loss or by the fake long term investor, if one would have sold out earlier the losses could have been around 90% less, and that way his money would have been free, to invest elsewhere, and now what happens is that the so called long term investor is like a lame duck or should I say a vegetable in an ICU.
About the prices of audio video equipments or whatever may the product world wide, it is simple, please do not play the role of god, to say that they know when the price will fall and when it will rise.
Indeed I am having a pleasant journey with the stocks, like the losses which I made in say last 3 months, it is not more than 2% of the capital, while the leading mutual funds guys have lost around 13% while the so called fake long term investors would have lost more than 30% in these 3 months. So who should have a better journey, is anybody's guess.
About the rack you were in talks with one of the manufacturers, who is a member at this site, they had some good racks, were they not good?
I will also tell you best regards.
Vinay.