Would it be possible that we are above the all time highs again?
Just not possible but a reality. The sensex has breached the May 2006 high, with a slow and steady, looking behind approach.
The thing to watch out for is that the Nifty is still way below its all time high! A point to be noted and kept in mind.
For a trader, the short term is what matters. But it would be a foolish trader that ignores the wider trend and the coming inflection point in the market.
We stay on our feet ready to change guise at the drop of a hat.
A word of advise for the investors. Patience is a virtue worth cultivating. The India story, is very likely to continue, but there is a time to invest and a time to stay away.
It would be prudent and wise to stay away for now.
We hope to share some gems of the value school of investing with you in the days to come. It might seem strange for an options trader to talk of value investing or focus investing.
The truth is we are here to make money, whichever honest way helps us achieve that. The value school of thought has stood the test of time like nothing else, and worth a look.
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