Wednesday, June 18, 2008

Market Crash

The Asian Age (11 March 2008)

Market Crash

Dear Sir,

The never ending market crash has sent most of the market participants running for cover (Poor market performance, Editorial, March 10). At such a time, when there’s all round pessimism, “smart” investors go cherry picking, rather than “waiting for sentiment to change” (read waiting for markets trading at all time highs) & getting trapped again. It is improper on your part to say that the earlier corrections did not last as long as this one. The editorial should have laid more emphasis on driving home the point that investing in stock markets should be for many months & not for a few days & weeks, which will not only burn small investors’ fingers but much more than that.

Ketan R. Meher

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