Friday, July 17, 2009

Ups & Downs in Timing

The 10% fall after the budget was an over-reaction. We call is over-sold situation. That was last week.

This week the markets are up 10% in 3 days. I call is irrational buying. Sell if you want to survive.

The old saying and investment advice - you cannot time the market was proved drastically wrong last two weeks.

What I only have to say is -
You cannot time the market. You can also not create wealth if you do not time the market.

Time and Tide waits for no man