Market Crash: This is getting interesting

Here is the action we had in the past 24hours.

Dow Jones down by 5.1%
Nasdaq down by 5.8 %
Japans Nikkei down by 10%
China's SSE Composite down by 3.7%
Nifty / Sensex down by nearly 7%

This is getting interesting guys. I would say fasten your seat belts, the more sharp falls we have, the closer we are to the next bull run (may be a couple of years away though). I am soon going to start analyzing and picking companies for building a long position within this coming year.

But dont catch a falling knife just yet ! Let us first see how far it falls. It may be too early to build a full fledged long position right now!.

Oct 8, 2008

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