Thursday, January 31, 2008

FINALLY BUBBLE BURST....!

The recent crash indian market was good wake up call for retailers.
First of all it was artificial rise from 4500 to 6300 without reason mainly compouned by fii inflow,operator manipulation,companies playing in market,lax regulatory watch and media hype.
This was bubble where retailer got in late thinking as real bull run and got trapped badly.
Important thing was that nothing was noted from people concern when stock gone five times in three days and tanked four times in two days.
Its casino royale!
Only problem was here game was not known to retailers.
This is not sign of mature market its sign of free gamble center.
Its interesting to know that people who were recommending stocks at 6200 are talking abt valuation suddenly.Many who recommened disappear from tv for time being and some news anchors who were singing growth stories some time back now telling abt valutions what a U turn.
Its like monkey story which is so famous about stock market&here retailer holding all monkeys!

ITS TIME RETAIL INVESTOR DRAG PEOPLE CONCERN IN COURT AND ASK FOR ANSWERS SO THIS DOES NOT HAPPEN AGAIN!