KNOW YOUR STOCK MARKET
YOU ARE ONE OF THE VERY SENIOR BOARDER. I CONSIDER YOU A PERSON OF EMINENCE IN THE STOCK MARKET. I WOULD REQUEST YOU TO PLEASE CONTRIBUTE YOUR EXPERIENCE IN THIS SERIES SO THAT WE ALL ARE BENEFITED IN UNDERSTANDING THE MARKET BY MUTUAL EXCHANGE OF OUR KNOWLEDGE.
I am starting this series, under the head ideas from you, with the intention to educate new entrants by our common knowledge. There are many senior and experienced Boarders, Analyst and other experience persons of eminence who can contribute for the benefit of new entrants. I will request all of them to contribute their practical experience or any other incidence worth narrating that will help investors.
Abhimanyus’s Dilemma- Every one knows the story of Abhimanyu who entered the chakraview. I do not find it necessary to narrate it again in detail .Abhmanyu successfully entered the chakravyuh and swiftly advanced towards its center-slaying scores of Kaurava troops who tried to stop him. However the Kauravas were successful at sealing off the chakravyu right after Abhimanyu’s entry. So no additional Pandavas could follow Abhimanyu’s lead. He reached at the centre of Chakravyu not knowing how to break out of the chakravyuh, Abhimanyu stayed put at the center and put up a brave fight. In the end he succumbed to his injuries and died.
Abhimanyu’s situation has close parallels to the decisions confronting equity investor every day. The decision to enter, traverse, and finally exit stock market chakravyu is akin to figuring out when to buy, hold and sell a given stock. The lesson Abhimanyu has for us is to have crystal clear exit plan before we ever think about buying a stock.
We see that in the stock market chakraview ,daily many Abhimanyus are entering without knowing what is stock market.
My intention in starting this series is to educate such Abhmanyus so that they are not slain by Bulls and bears. It is popular saying in stock market that “Bulls make money and bears make money, but Abhimanyus get slaughtered”
I do hope that all the Boarders including senior Boarders will contribute their experience freely without any reservations.
dear toncacar,
Thanks for your encouragement. Let me see how for I will be successful and how many Boarders join me in this march. However I have read Ravindranth Tagore`s poem" ekla chalo ekla chalo"
Thanks once again for words of encouragement.
regards
karshin
karshin-Demand for consumer products should go up.This should have maximum effect in India and China.My views on lobal Economy are:-Economy -out of intensive care
Growth limping back on track
Inflation vs. growth trade off back in reckoning
Fiscal discipline back in focus
Money chasing returns, causing volatility in flows
2QFY10 earnings -no surprise or disappointment
Globally no signs of double dip...
All this indicates that Top Consumer product companies like Procter and Gamble should be going up up and away!!