Yeah so? What is the big deal over here? Aren’t you aware of the “US Recession” fact? The stock market has long way down to go. Prepare yourselves for a Market whose sensex will fall as low as 11,000-13,000. Currently the sensex is at 15,644 which is still pretty good. What we had earlier, 22k sensex was actually a dream come true. India cannot sustain such a high growth and so it had to fall. A lot of market gurus were spreading false rumours that the market was going to touch 25,000 points. Oh please! Don’t listen to those so called gurus. They were even claiming that market will never fall below 16,000 mark but the truth is in front of you. The stock market has hit even below 14,000 recently. Look at the facts and decide yourself instead of listening to the gurus and blindly following them. To be honest, the market is in a big fluctuations which can rise any day and fall the very next day.

Just a few days ago, we had seen a 900+ point jump in the sensex and everybody started rejoicing but what happened today? The market fell 721 points below to close at 15.6k. Don’t give the market too much importance which it does not deserve right now. Keep away from stock market investments for a few months, specially short term investments. Long term investments will not be a problem but short terms will be. We are expecting the stock market to remain plunged till the third quarter of this year. USA is most likely to improve in 2009 and so will the US dependent India. Don’t listen to the gurus who keep on giving stupid suggestions unless you want to lose your money. The stock market is not a good risk investment option at this moment. Move to real estate market for time being which is much better investment option than the stock market. Good Luck!