Mundane: October 2008 Archives

Do not panic!

I am not an economist. And honestly I don’t understand the difference between a bullish market and a bearish market. But still I think I understand what is coming. When the market touched 19000 points in November 2007, I had predicted that it would come to 10 k to 12 k points soon. And today it is somewhere at 11 k. The simple truth is – it was bad news when it touched 19 k, and it is good news that it has touched 11k.

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