Quote:
Originally Posted by c kenneths
I do not want to sound very optimistic but am eagerly waiting for a stock market crash here in the NSE, I will only be sad if i dont have enough cash to buy myself a stack of cheap stocks.
There must be a recovery, and i will be smiling all the way to the bank ! |
Yes there must be recovery after every crash but remember that in crashes, things change and 'THE BIGGER THE KILL, THE HEAVIER THE FALL'. Thus the big fish whom people may rush to go and acquire their stocks may never recover and in fact may eventually be eaten up by ertwhile smaller fish. Say a large corporation may lose so much that it has to break up into small bits and be acquired by other companies. At the recovery phase of a crash usually, new top players emerge. We have to be wary of that. The reason why I started this thread is to make us aware that it is possible. I am not a pessimist, only being realistic.