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24 October, 2008

DILEMMA FOR SMALL INVESTORS

The Rakesh Jhunjhunwala interview was on NDTV Profit, not on CNN IBN, my apology to all. Thanks to Danny for pointing out.

Yesterday was another black friday, along with the world indexes, Sensex was down by 1000+ points even after so called discovery of value at above 10000, it was really one of the saddest day for small investors. Thousands of us lamenting below the expectation datum of even for small returns.

Will the market rebound again? How far our Reserve Bank can effort to lower the CRR level? They have the reponsibility of lookin into the economy of our country in a Wholistic way.

I am feeling particularly bad, as just in the previous day I downgraded myself being bullish to realist (another term of bearish?).

Point to Ponder for small investors: Should we withdraw our money from market with whatever loss we are incurring?

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