Monday 20 October 2014

2014-33 Alternative take on the decline of stock prices

The reason stock prices fell is that the easy money has been made and stocks are down on profit taking. There are more sellers than buyers and a lot of cash on the sidelines. Some analysts are cautiously optimistic about the market, others are constructive about the market but it we may be in a bottoming process. Some think stocks are oversold and it is a stockpicker's market.  So what to do? You can take a wait-and-see approach or buy on weakness but remember that this is not the stock market, it is a market of stocks.

In case you do not quite understand it do read this article. One day you may make it to CNBC


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