Friday, August 24, 2007

Where Is The Stock Market Headed?

Ride the Sensex if you looking for a joyride.
With no sign of containing volatility in the stock markets, the next move on the exchange is anybodies guess.
"A good time to invest" adds to the cliche one hears everytime the markets go down. But should one invest now or wait for he markets to go down further. Experts will tell you that one cannot expect to catch the bottom, so invest when one feels comfortable. True for most times. But I would rather wait for the political scenario to pan out either ways before making an investment decision. Simply because if the government falls, then bottom will be much lower than what is expected by most. Lingering uncertainty will also drag the indices down.
So wait for a good bargain, you may get the bluechips you always wanted to buy but missed the rally last time.

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