Friday, October 17, 2008

Right time to embark on "TRADING"!!

"Be fearful when others are greedy, and be greedy when others are fearful," Buffett .

Economic news is scaring,  with the financial markets are in a mess, raising unemployment figures and faltering of business activities , everywhere pessimism and fear component is at its helm among the investment community.  Taking cue from Buffett, the smart young lad has entered into the market purely with greedy and took a position on a scrip which recently got the beating at bourses purely to have a feel of market.   Let us wish him the "Vibrant experience!!".

Comments are encouraged!!


Wats thr in NAME!! said...

Buffett is rigid on his principle and is still buying but the question is can Buffettology stand strong against this financial storm...?? In my opinion its NO...God knows when VIX of 70% will come down to at least 40%??.So Instead of Buffett's statement
"Buy American. I Am "..
I am saying.. Sell people sell at least save some money. And wait for the right time to invest.

Pramod Y.S. said...

I completely agree with the above comment. Although not a trader, it seems more of a common sense not to invest money with Sensex on a downward trend and this trend doesnt seem to be ending soon.
None the less, my best wishes to the "Young lad" ;-)

Surender Komera said...

udos!! to the young lad, who plunged into trading when fellow investors are fearful!! I am sure, the young lad might have mad gold out of iron. The people who picked up the stocks at that stage made over and above 200% around the world.

By not replying to my dear friends' comment, i left my response to the time, which is now speaking!! Dear! Buffettology worked!! :)