Discussion in 'News & happenings' started by BANHAMMER, Aug 24, 2015.
Source: Sensex crashes over 1,200 points; investors lose over Rs 3 lakh crore - The Hindu
This was long in the coming. A friend had predicted this, but then with the market you can never be too sure.
Good time to buy though. I'm starting a fund. Anyone interested?
The world is headed for an economic slump
That it is. The funny thing is, ever since I've started understanding all these stock market bits, it seems like the world never got out of one.
First it was the 70s oil crisis, then the 80s revival, then the 90s ME issues and the stabilization of the world economy. Then the dot com bubble happened in 99-2000, and then the economic crash in 04-05, and then the slump in 08, and the mild revival.
And in 30 years, the Stock market has made 1cr out of 1Lakh invested in it, in the 80s.
You know I always used to wonder, where does the money go when the market crashes. Figured out yesterday where it went
Never to old to learn new things.
This is market correction, not a crash. US economy and most EU economies are unfazed.
Yep. I made over 20,000 INR in shares over 3 days. And I can tell you how.
wait, is that real you or one of those advertisement bots?
Real. I can send you the details over PM if you want.
Wolf of Arab Street.
Lol. nah, just picked a few companies that were right in their operations and not speculation. Worked fine. Though something might go down around first week of October.
If it happens, remember you read it here first
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