Thread: Financial News
View Single Post
  #104  
Old November 15, 2012, 12:55 PM
iDumb iDumb is offline
Cricket Legend
 
Join Date: June 18, 2010
Location: NYC
Favorite Player: Di Caprio
Posts: 2,516

so it took just a week to reach my goal of 12500, now I have no idea what to do? dukhmu naki, or should i ride it out till they drag this whole "fliscal cliff" till the end of the year?

I mean, with some certainty news, market gonna react very violently, up or down. it's a gamble, news can come anytime....'

And I think a lot of this selling is from profit locking to avoid impending raising of taxes on capital gain and dividends. Which mean, market should start to rise towards the end of the year as people who sold would start to come back in again. I mean, where else are people gonna keep their money?

I think market is oversold.
Reply With Quote