Fresh lows everyday! Everyday I keep asking my broker, how many down today? To buy I need a lot of conviction. I keep telling myself - "This is an opportunity". Sticking to my stocks. Just adding more quantity. There is of course nothing else in my control. Another one year of this pain? Who knows! The good thing is I have reduced my buying to small lots, but in regular intervals. And everytime, atleast 10% lower(the markets sure take care of that)!.
The other day, I recieved mail about a trend forecast by one Mr. Gerald Celente,(http://en.wikipedia.org/wiki/Gerald_Celente), the CEO of Trends Research Institute. This is what he has to say; "We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putting food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression". after reading mails like these, I know that, one - the world is at one of its lowest points in sentiment, two - this may be an opportunity, if we can see this through for another two, maybe three years. But yes, looking at your investment value falling everyday is painful. No pain! No gain! Let us see what the future unfolds. As of now there is absolute mayhem !