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Just Shoot Me

Bala, 28, Gordon Gekko in the making, pseudo-intellectual, cynic, bibliophile, obsessive compulsive ranter...


July 15, 2008

In my limited experience as an active trader i have personally experienced four bruising corrections so far - Oct 05, May 06, Dec 07 and Aug 08. I was a passive viewer during the crash of Apr 04 and a novice pink paper reader during the dot com crash of 2000 and 2001. But what is happening now is my first real life bear market. And it is absolutely frightening.


posted by Bala, 3:35 PM


Dec 07 or Jan 08? And what happened, it is for the bulls(exaggeration, but still) like me to cry, you are a perma bear I thought?
commented by Blogger Chenthil, 5:11 PM  

After a while, laughing at people who have lost n lakhs of rupees in the market tends to be bad for one's soul.. even a permabear's.

A lot of people i know have lost good chunks of their savings. Today i was explaining things to one such person and it was painful to watch his reactions. On the one hand, i gloat at people who called me a fool in November 07 and on the other i feel sad for folks whose portfolios have taken a beating.
commented by Blogger Bala, 6:07 PM  
Reading your previous post with respect to this situation makes one feel scary :-)
commented by Blogger Chenthil, 11:43 AM  

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