RE:Index-Nse
by sumit singhal on Nov 04, 2005 01:26 PM Permalink
when the sensex reaches that mark of 18000, will we be richer or poorer? THAT is the question.
as u must see, sensex has reached a high of 8800, but most of us (common man, petty investors) have not being able to book profit. we had made a loss. It is the FII's that have sold and booked profit for themselves and triggered the downfall of the market, leaving the common man gasping.
they will do that again and then again, they will first pour in money, raise the market, and all small investors will follow suit. BUT the problem is that we will never know when they are going to pull down the market.
so it is highly questionable, how many of us will become richer when the sensex goes to 18000
