Sensex fell 1071 points in one day.....Since Jan 8th,2008 Mukesh Ambani loses75% of his capitalised wealth... his brother Anil still more bigger loser 83%

Ohhhhhhhhh My God................what happened on friday 24th Oct,2008 was like an earthquake.....the phenomenon human being claim to understand but really not sure the level of damage and loss it can make and fear of yet more jolt can not be ruled out and quite surely sequencial affects will follow after the strom is over.

we as investors for long time also dont have a clue.. HOW MANY , HOW MUCH ,HOW DEEP...in fact not even the most learned EXPERTS ARE SPEAKING BASED ON HISTORICAL SIMILIES AND MIND IT.... THINGS ARE NEVER IDENTICAL OR REPLICAS IN SUCH EVENTS BUT ARE JUST INDICATIVE.

WHAT WE SHUD DO ?

Well if u are already invested....dont sell in panic...Have faith ....one day things wd settle down and start improving when market start behving bit rational and fundamentals would start getting respect in the minds of people.

If u want to invest............Please wait .... let the dust settle then only we would be able to identify mud ,coal and gems.

If u were planning to invest in stocks and never knew when to enter.......start preparing ur investment plan , asset allocation plan money management plan. RIGHT TIME IS APPROACHING.

what I would advice to all the above catagories of investors.. to pls take advice of experienced professioinals......its better to pay services cost a small farction of the investments/profits and or LEARN BEFORE YOU INVEST ...EVEN THAT TOO COST PEANUTS LOOKING AT THE OPPORTUNITIES FINANCIAL MARKETS OFFER.

IRRATIONAL THINGS DO HAPPEN IN LIFE AND SO IN STOCKMARKETS TOO.....WHAT WE LOOK FOR IS TO LET THE GOOD SENSE PREVAIL..... STOCK MARKETS WILL GET BACK TO RESPECT FUNDAMENTALS.........WE HAVE TO HAVE FAITH AND BELIEVE.........ONLY THING I CANT WRITE IS WHEN THAT WOULD HAPPEN.

I REMMEMBER FIRST AND MOST IMPORTANT FUNDAMENTAL OF STOCK INVESTING.........WE BUY PARTNERSHIP IN BUSINESSES NOT JUST SHARES.........AND BUSINESSES PASS THROUGH GOOD AND BAD TIMES TO FINALLY CREATE INVESTOR WEALTH OVER A LONGER PERIOD OF TIME.

I M NOT GOING INTO WHY ALL HAPPENED...... THIS WE WILL KNOW IT AS INFORMATIONS FLOW OUT .......though thats the natural curioucity with most of us want to know.. I love to spend time on WHAT TO DO NEXT.

More another time

Please check self before you believe this

SAM

Note: The above written statements are my personal opinion and experiences....and not advice to invest in any way